USA Mega

Missouri Mega Millions Jackpot Annuity Payout Schedule for Apr 13, 2001

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 $38,000,000 for a ticket purchased in Missouri, 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:

Missouri

Drawing Date:Fri, Apr 13, 2001
Jackpot:$38,000,000
Federal Tax:37% marginal rate
State Tax: 4.7%
Report:Mega Millions annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$571,955$168,953$26,882$376,119
2$600,552$178,963$28,226$393,364
3$630,580$189,472$29,637$411,470
4$662,109$200,938$31,119$430,052
5$695,214$213,187$32,675$449,353
6$729,975$226,048$34,309$469,618
7$766,474$239,553$36,024$490,897
8$804,797$253,732$37,825$513,240
9$845,037$268,621$39,717$536,700
10$887,289$284,254$41,703$561,332
11$931,654$300,669$43,788$587,197
12$978,236$317,905$45,977$614,355
13$1,027,148$336,002$48,276$642,870
14$1,078,506$355,004$50,690$672,812
15$1,132,431$374,957$53,224$704,250
16$1,189,052$395,907$55,885$737,260
17$1,248,505$417,904$58,680$771,921
18$1,310,930$441,001$61,614$808,315
19$1,376,477$465,254$64,694$846,529
20$1,445,301$490,718$67,929$886,653
21$1,517,566$517,457$71,326$928,784
22$1,593,444$545,532$74,892$973,021
23$1,673,116$575,010$78,636$1,019,469
24$1,756,772$605,963$82,568$1,068,241
25$1,844,611$638,463$86,697$1,119,451
26$1,936,841$672,588$91,032$1,173,221
27$2,033,683$708,420$95,583$1,229,680
28$2,135,367$746,043$100,362$1,288,962
29$2,242,136$785,547$105,380$1,351,208
30$2,354,242$827,027$110,649$1,416,566
Total$38,000,000$12,741,092$1,785,999$23,472,910

◄ 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.