USA Mega

Missouri Mega Millions Jackpot Annuity Payout Schedule for Mar 30, 2018

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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 $533,000,000 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, Mar 30, 2018
Jackpot:$533,000,000
Federal Tax:37% marginal rate
State Tax: 4.7%
Report:Mega Millions annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$8,022,415$2,924,251$377,053$4,721,111
2$8,423,536$3,072,665$395,906$4,954,964
3$8,844,712$3,228,501$415,701$5,200,510
4$9,286,948$3,392,128$436,487$5,458,334
5$9,751,295$3,563,936$458,311$5,729,048
6$10,238,860$3,744,336$481,226$6,013,298
7$10,750,803$3,933,755$505,288$6,311,761
8$11,288,344$4,132,644$530,552$6,625,147
9$11,852,761$4,341,479$557,080$6,954,202
10$12,445,399$4,560,755$584,934$7,299,710
11$13,067,669$4,790,995$614,180$7,662,494
12$13,721,052$5,032,747$644,889$8,043,416
13$14,407,105$5,286,586$677,134$8,443,385
14$15,127,460$5,553,117$710,991$8,863,352
15$15,883,833$5,832,975$746,540$9,304,317
16$16,678,025$6,126,826$783,867$9,767,331
17$17,511,926$6,435,370$823,061$10,253,495
18$18,387,522$6,759,340$864,214$10,763,968
19$19,306,898$7,099,509$907,424$11,299,964
20$20,272,243$7,456,687$952,795$11,862,760
21$21,285,855$7,831,724$1,000,435$12,453,696
22$22,350,148$8,225,512$1,050,457$13,074,179
23$23,467,655$8,638,990$1,102,980$13,725,686
24$24,641,038$9,073,141$1,158,129$14,409,768
25$25,873,090$9,529,000$1,216,035$15,128,054
26$27,166,745$10,007,653$1,276,837$15,882,255
27$28,525,082$10,510,237$1,340,679$16,674,165
28$29,951,335$11,037,951$1,407,713$17,505,671
29$31,448,902$11,592,051$1,478,098$18,378,753
30$33,021,348$12,173,856$1,552,003$19,295,488
Total$533,000,001$195,888,717$25,050,999$312,060,282

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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.