USA Mega

Maine Mega Millions Jackpot Annuity Payout Schedule for Aug 2, 2013

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 $13,000,000 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, Aug 2, 2013
Jackpot:$13,000,000
Federal Tax:37% marginal rate
State Tax: 7.15%
Report:Mega Millions annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$195,669$39,558$13,990$142,120
2$205,452$42,201$14,690$148,562
3$215,725$45,488$15,424$154,812
4$226,511$48,939$16,196$161,376
5$237,836$52,564$17,005$168,267
6$249,728$56,369$17,856$175,504
7$262,215$60,544$18,748$182,922
8$275,325$65,133$19,686$190,507
9$289,092$69,951$20,670$198,470
10$303,546$75,010$21,704$206,832
11$318,724$80,323$22,789$215,612
12$334,660$85,900$23,928$224,831
13$351,393$91,757$25,125$234,511
14$368,962$97,906$26,381$244,676
15$387,411$104,363$27,700$255,348
16$406,781$111,143$29,085$266,554
17$427,120$118,261$30,539$278,320
18$448,476$125,736$32,066$290,674
19$470,900$133,584$33,669$303,646
20$494,445$141,825$35,353$317,267
21$519,167$150,478$37,120$331,569
22$545,126$159,563$38,976$346,586
23$572,382$169,103$40,925$362,354
24$601,001$179,120$42,972$378,910
25$631,051$189,637$45,120$396,294
26$662,604$201,121$47,376$414,107
27$695,734$213,379$49,745$432,610
28$730,520$226,250$52,232$452,038
29$767,046$239,764$54,844$472,438
30$805,399$253,955$57,586$493,858
Total$13,000,000$3,628,925$929,500$8,441,575

◄ 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.