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Maryland Mega Millions Jackpot Annuity Payout Schedule for Jun 23, 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 $467,000,000 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:Tue, Jun 23, 2026
Jackpot:$467,000,000
Federal Tax:37% marginal rate
State Tax: 9.5%
Report:Mega Millions annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$7,029,020$2,556,695$667,757$3,804,569
2$7,380,471$2,686,732$701,145$3,992,595
3$7,749,495$2,823,270$736,202$4,190,022
4$8,136,970$2,966,636$773,012$4,397,322
5$8,543,818$3,117,170$811,663$4,614,985
6$8,971,009$3,275,231$852,246$4,843,532
7$9,419,560$3,441,194$894,858$5,083,507
8$9,890,537$3,615,456$939,601$5,335,480
9$10,385,064$3,798,431$986,581$5,600,052
10$10,904,317$3,990,555$1,035,910$5,877,853
11$11,449,533$4,192,285$1,087,706$6,169,543
12$12,022,010$4,404,101$1,142,091$6,475,818
13$12,623,110$4,626,508$1,199,195$6,797,407
14$13,254,266$4,860,036$1,259,155$7,135,075
15$13,916,979$5,105,240$1,322,113$7,489,627
16$14,612,828$5,362,704$1,388,219$7,861,906
17$15,343,469$5,633,041$1,457,630$8,252,799
18$16,110,643$5,916,895$1,530,511$8,663,237
19$16,916,175$6,214,942$1,607,037$9,094,196
20$17,761,984$6,527,891$1,687,388$9,546,704
21$18,650,083$6,856,488$1,771,758$10,021,837
22$19,582,587$7,201,515$1,860,346$10,520,727
23$20,561,717$7,563,792$1,953,363$11,044,561
24$21,589,802$7,944,184$2,051,031$11,594,587
25$22,669,292$8,343,595$2,153,583$12,172,114
26$23,802,757$8,762,978$2,261,262$12,778,518
27$24,992,895$9,203,328$2,374,325$13,415,242
28$26,242,540$9,665,697$2,493,041$14,083,801
29$27,554,667$10,151,184$2,617,693$14,785,789
30$28,932,400$10,660,945$2,748,578$15,522,877
Total$467,000,001$171,468,719$44,365,000$251,166,282

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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.