USA Mega

Maine Mega Millions Jackpot Annuity Payout Schedule for Apr 1, 2005

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 $75,000,000 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:Fri, Apr 1, 2005
Jackpot:$75,000,000
Federal Tax:37% marginal rate
State Tax: 7.15%
Report:Mega Millions annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$1,128,858$373,635$80,713$674,510
2$1,185,301$394,518$84,749$706,033
3$1,244,566$416,446$88,986$739,133
4$1,306,794$439,471$93,436$773,887
5$1,372,133$463,647$98,108$810,379
6$1,440,740$489,031$103,013$848,696
7$1,512,777$515,685$108,164$888,929
8$1,588,416$543,671$113,572$931,173
9$1,667,837$573,057$119,250$975,530
10$1,751,229$603,912$125,213$1,022,104
11$1,838,790$636,310$131,473$1,071,007
12$1,930,730$670,327$138,047$1,122,355
13$2,027,266$706,046$144,950$1,176,271
14$2,128,629$743,550$152,197$1,232,882
15$2,235,061$782,930$159,807$1,292,324
16$2,346,814$824,278$167,797$1,354,738
17$2,464,155$867,694$176,187$1,420,273
18$2,587,362$913,281$184,996$1,489,085
19$2,716,730$961,148$194,246$1,561,337
20$2,852,567$1,011,407$203,959$1,637,201
21$2,995,195$1,064,180$214,156$1,716,859
22$3,144,955$1,119,591$224,864$1,800,500
23$3,302,203$1,177,772$236,108$1,888,323
24$3,467,313$1,238,863$247,913$1,980,537
25$3,640,679$1,303,008$260,309$2,077,362
26$3,822,713$1,370,361$273,324$2,179,028
27$4,013,848$1,441,081$286,990$2,285,777
28$4,214,541$1,515,337$301,340$2,397,864
29$4,425,268$1,593,306$316,407$2,515,555
30$4,646,531$1,675,174$332,227$2,639,130
Total$75,000,000$26,428,717$5,362,501$43,208,782

◄ 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.