USA Mega

Maine Mega Millions Jackpot Annuity Payout Schedule for Apr 16, 2002

Media: You may freely use any information on this page, but you must credit usamega.com.

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 $331,000,000 for a ticket purchased in Maine, 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:

Maine

Drawing Date:Tue, Apr 16, 2002
Jackpot:$331,000,000
Federal Tax:37% marginal rate
State Tax: 7.15%
Report:Mega Millions annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$4,982,025$1,799,306$356,215$2,826,504
2$5,231,126$1,891,474$374,026$2,965,627
3$5,492,683$1,988,250$392,727$3,111,706
4$5,767,317$2,089,864$412,363$3,265,089
5$6,055,682$2,196,560$432,981$3,426,141
6$6,358,467$2,308,590$454,630$3,595,246
7$6,676,390$2,426,222$477,362$3,772,807
8$7,010,210$2,549,735$501,230$3,959,245
9$7,360,720$2,679,424$526,291$4,155,005
10$7,728,756$2,815,597$552,606$4,360,553
11$8,115,194$2,958,579$580,236$4,576,379
12$8,520,954$3,108,710$609,248$4,802,995
13$8,947,001$3,266,348$639,711$5,040,943
14$9,394,351$3,431,867$671,696$5,290,788
15$9,864,069$3,605,663$705,281$5,553,125
16$10,357,272$3,788,148$740,545$5,828,579
17$10,875,136$3,979,757$777,572$6,117,806
18$11,418,893$4,180,948$816,451$6,421,494
19$11,989,837$4,392,197$857,273$6,740,367
20$12,589,329$4,614,009$900,137$7,075,183
21$13,218,795$4,846,912$945,144$7,426,740
22$13,879,735$5,091,459$992,401$7,795,875
23$14,573,722$5,348,234$1,042,021$8,183,467
24$15,302,408$5,617,848$1,094,122$8,590,438
25$16,067,528$5,900,943$1,148,828$9,017,757
26$16,870,905$6,198,192$1,206,270$9,466,443
27$17,714,450$6,510,304$1,266,583$9,937,563
28$18,600,173$6,838,021$1,329,912$10,432,239
29$19,530,181$7,182,124$1,396,408$10,951,649
30$20,506,691$7,543,433$1,466,228$11,497,029
Total$331,000,001$121,148,718$23,666,498$186,184,782

◄ Back to Jackpot Analysis

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.