USA Mega

Maryland Mega Millions Jackpot Annuity Payout Schedule for Mar 14, 2025

For a non-Maryland resident

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The tax information provided here is based on 2025 federal marginal rates and state tax rates.  It shows the final federal and state tax burdens each year, not the amount initially withheld by the lottery.

The Mega Millions annuity jackpot is awarded according to an annually-increasing rate schedule, which increases the amount of the annuity payment every year.  The table below shows the payout schedule for a jackpot of $277,000,000 for a ticket purchased in Maryland, including taxes withheld.

Please note, the amounts shown are very close approximations to the amount a jackpot annuity winner would receive from the lottery every year.  They are not intended to specify the exact final tax burden, which may vary depending on how the winner chooses to invest or dispense their money, as well as deductions claimed.

State:

Maryland

Drawing Date:Fri, Mar 14, 2025
Jackpot:$277,000,000
Federal Tax:37% marginal rate
State Tax: 8.95%
Report:Mega Millions annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$4,169,247$1,499,642$373,148$2,296,458
2$4,377,710$1,576,773$391,805$2,409,132
3$4,596,595$1,657,761$411,395$2,527,440
4$4,826,425$1,742,798$431,965$2,651,663
5$5,067,746$1,832,086$453,563$2,782,097
6$5,321,134$1,925,840$476,241$2,919,053
7$5,587,191$2,024,281$500,054$3,062,856
8$5,866,550$2,127,644$525,056$3,213,850
9$6,159,878$2,236,175$551,309$3,372,394
10$6,467,871$2,350,133$578,874$3,538,864
11$6,791,265$2,469,788$607,818$3,713,658
12$7,130,828$2,595,427$638,209$3,897,192
13$7,487,370$2,727,347$670,120$4,089,903
14$7,861,738$2,865,863$703,626$4,292,249
15$8,254,825$3,011,305$738,807$4,504,713
16$8,667,566$3,164,020$775,747$4,727,799
17$9,100,944$3,324,370$814,535$4,962,040
18$9,555,992$3,492,737$855,261$5,207,993
19$10,033,791$3,669,523$898,024$5,466,244
20$10,535,481$3,855,148$942,926$5,737,407
21$11,062,255$4,050,055$990,072$6,022,128
22$11,615,368$4,254,706$1,039,575$6,321,086
23$12,196,136$4,469,591$1,091,554$6,634,991
24$12,805,943$4,695,219$1,146,132$6,964,592
25$13,446,240$4,932,129$1,203,438$7,310,672
26$14,118,552$5,180,885$1,263,610$7,674,057
27$14,824,480$5,442,078$1,326,791$8,055,611
28$15,565,703$5,716,330$1,393,130$8,456,242
29$16,343,989$6,004,296$1,462,787$8,876,906
30$17,161,188$6,306,660$1,535,926$9,318,602
Total$277,000,001$101,200,610$24,791,498$151,007,892

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Note: The Net Payment total above may be a few dollars off from the total after-tax annuity amount shown on the Jackpot Analysis page because the Jackpot Analysis page shows an average annual payment, whereas we calculate an exact payment here.