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Maine Mega Millions Jackpot Annuity Payout Schedule for Nov 18, 2022

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The tax information provided here is based on 2025 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 $238,000,000 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, Nov 18, 2022
Jackpot:$238,000,000
Federal Tax:37% marginal rate
State Tax: 7.15%
Report:Mega Millions annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$3,582,242$1,282,450$256,130$2,043,662
2$3,761,354$1,348,721$268,937$2,143,696
3$3,949,421$1,418,306$282,384$2,248,732
4$4,146,892$1,491,370$296,503$2,359,019
5$4,354,237$1,568,088$311,328$2,474,821
6$4,571,949$1,648,641$326,894$2,596,413
7$4,800,546$1,733,222$343,239$2,724,085
8$5,040,574$1,822,033$360,401$2,858,140
9$5,292,602$1,915,283$378,421$2,998,898
10$5,557,232$2,013,196$397,342$3,146,694
11$5,835,094$2,116,005$417,209$3,301,880
12$6,126,849$2,223,954$438,070$3,464,825
13$6,433,191$2,337,301$459,973$3,635,917
14$6,754,851$2,456,315$482,972$3,815,564
15$7,092,593$2,581,280$507,120$4,004,193
16$7,447,223$2,712,493$532,476$4,202,254
17$7,819,584$2,850,266$559,100$4,410,217
18$8,210,563$2,994,929$587,055$4,628,579
19$8,621,091$3,146,824$616,408$4,857,859
20$9,052,146$3,306,314$647,228$5,098,603
21$9,504,753$3,473,779$679,590$5,351,384
22$9,979,991$3,649,617$713,569$5,616,805
23$10,478,991$3,834,247$749,248$5,895,496
24$11,002,940$4,028,108$786,710$6,188,122
25$11,553,087$4,231,662$826,046$6,495,379
26$12,130,741$4,445,395$867,348$6,817,999
27$12,737,279$4,669,813$910,715$7,156,750
28$13,374,142$4,905,453$956,251$7,512,438
29$14,042,849$5,152,875$1,004,064$7,885,911
30$14,744,992$5,412,667$1,054,267$8,278,058
Total$238,000,000$86,770,607$17,016,998$134,212,393

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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.