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Maryland Mega Millions Jackpot Annuity Payout Schedule for May 15, 2026

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The tax information provided here is based on 2026 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 $251,000,000 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, May 15, 2026
Jackpot:$251,000,000
Federal Tax:37% marginal rate
State Tax: 9.5%
Report:Mega Millions annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$3,777,910$1,353,784$358,901$2,065,225
2$3,966,806$1,423,675$376,847$2,166,284
3$4,165,146$1,497,061$395,689$2,272,396
4$4,373,403$1,574,117$415,473$2,383,814
5$4,592,073$1,655,024$436,247$2,500,802
6$4,821,677$1,739,978$458,059$2,623,640
7$5,062,761$1,829,179$480,962$2,752,620
8$5,315,899$1,922,840$505,010$2,888,049
9$5,581,694$2,021,184$530,261$3,030,249
10$5,860,779$2,124,445$556,774$3,179,559
11$6,153,818$2,232,870$584,613$3,336,335
12$6,461,509$2,346,715$613,843$3,500,950
13$6,784,584$2,466,253$644,535$3,673,795
14$7,123,813$2,591,768$676,762$3,855,283
15$7,480,004$2,723,559$710,600$4,045,845
16$7,854,004$2,861,939$746,130$4,245,935
17$8,246,704$3,007,238$783,437$4,456,029
18$8,659,039$3,159,802$822,609$4,676,629
19$9,091,991$3,319,994$863,739$4,908,258
20$9,546,591$3,488,196$906,926$5,151,469
21$10,023,920$3,664,808$952,272$5,406,840
22$10,525,116$3,850,250$999,886$5,674,980
23$11,051,372$4,044,965$1,049,880$5,956,527
24$11,603,941$4,249,415$1,102,374$6,252,151
25$12,184,138$4,464,088$1,157,493$6,562,557
26$12,793,345$4,689,495$1,215,368$6,888,482
27$13,433,012$4,926,172$1,276,136$7,230,704
28$14,104,663$5,174,682$1,339,943$7,590,037
29$14,809,896$5,435,619$1,406,940$7,967,337
30$15,550,391$5,709,602$1,477,287$8,363,502
Total$251,000,001$91,548,717$23,844,996$135,606,283

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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.