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Maine Mega Millions Jackpot Annuity Payout Schedule for Aug 13, 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 $225,000,000 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 13, 2021
Jackpot:$225,000,000
Federal Tax:37% marginal rate
State Tax: 7.15%
Report:Mega Millions annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$3,386,573$1,208,989$242,140$1,935,444
2$3,555,902$1,271,641$254,247$2,030,014
3$3,733,697$1,337,425$266,959$2,129,312
4$3,920,382$1,406,498$280,307$2,233,576
5$4,116,400$1,479,025$294,323$2,343,052
6$4,322,221$1,555,179$309,039$2,458,003
7$4,538,332$1,635,140$324,491$2,578,701
8$4,765,248$1,719,099$340,715$2,705,434
9$5,003,511$1,807,256$357,751$2,838,503
10$5,253,686$1,899,821$375,639$2,978,226
11$5,516,370$1,997,014$394,420$3,124,936
12$5,792,189$2,099,067$414,142$3,278,980
13$6,081,798$2,206,223$434,849$3,440,727
14$6,385,888$2,318,736$456,591$3,610,561
15$6,705,183$2,436,875$479,421$3,788,887
16$7,040,442$2,560,921$503,392$3,976,130
17$7,392,464$2,691,169$528,561$4,172,734
18$7,762,087$2,827,929$554,989$4,379,168
19$8,150,191$2,971,528$582,739$4,595,925
20$8,557,701$3,122,307$611,876$4,823,519
21$8,985,586$3,280,624$642,469$5,062,493
22$9,434,865$3,446,857$674,593$5,313,415
23$9,906,609$3,621,402$708,323$5,576,884
24$10,401,939$3,804,675$743,739$5,853,526
25$10,922,036$3,997,111$780,926$6,144,000
26$11,468,138$4,199,168$819,972$6,448,998
27$12,041,545$4,411,329$860,970$6,769,246
28$12,643,622$4,634,097$904,019$7,105,506
29$13,275,803$4,868,004$949,220$7,458,579
30$13,939,593$5,113,607$996,681$7,829,306
Total$225,000,000$81,928,716$16,087,503$126,983,785

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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.