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Maine Mega Millions Jackpot Annuity Payout Schedule for Aug 10, 2021

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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 $208,000,000 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, Aug 10, 2021
Jackpot:$208,000,000
Federal Tax:37% marginal rate
State Tax: 7.15%
Report:Mega Millions annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$3,130,698$1,114,316$223,845$1,792,538
2$3,287,233$1,172,234$235,037$1,879,963
3$3,451,595$1,233,047$246,789$1,971,759
4$3,624,175$1,296,902$259,129$2,068,144
5$3,805,384$1,363,949$272,085$2,169,349
6$3,995,653$1,434,349$285,689$2,275,615
7$4,195,436$1,508,268$299,974$2,387,193
8$4,405,207$1,585,884$314,972$2,504,351
9$4,625,468$1,667,380$330,721$2,627,366
10$4,856,741$1,752,951$347,257$2,756,533
11$5,099,578$1,842,801$364,620$2,892,157
12$5,354,557$1,937,143$382,851$3,034,563
13$5,622,285$2,036,203$401,993$3,184,089
14$5,903,399$2,140,215$422,093$3,341,091
15$6,198,569$2,249,428$443,198$3,505,943
16$6,508,497$2,364,101$465,358$3,679,039
17$6,833,922$2,484,508$488,625$3,860,788
18$7,175,618$2,610,936$513,057$4,051,626
19$7,534,399$2,743,685$538,710$4,252,005
20$7,911,119$2,883,071$565,645$4,462,403
21$8,306,675$3,029,427$593,927$4,683,321
22$8,722,009$3,183,101$623,624$4,915,285
23$9,158,109$3,344,458$654,805$5,158,847
24$9,616,015$3,513,883$687,545$5,414,587
25$10,096,815$3,691,779$721,922$5,683,114
26$10,601,656$3,878,570$758,018$5,965,068
27$11,131,739$4,074,701$795,919$6,261,119
28$11,688,326$4,280,638$835,715$6,571,973
29$12,272,742$4,496,872$877,501$6,898,369
30$12,886,380$4,723,918$921,376$7,241,086
Total$208,000,000$75,638,718$14,872,000$117,489,284

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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.