USA Mega

Missouri Mega Millions Jackpot Annuity Payout Schedule for May 28, 2019

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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 $418,000,000 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:Tue, May 28, 2019
Jackpot:$418,000,000
Federal Tax:37% marginal rate
State Tax: 4.7%
Report:Mega Millions annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$6,291,500$2,283,812$295,700$3,711,987
2$6,606,075$2,400,205$310,486$3,895,384
3$6,936,379$2,522,417$326,010$4,087,951
4$7,283,198$2,650,740$342,310$4,290,147
5$7,647,357$2,785,479$359,426$4,502,452
6$8,029,725$2,926,956$377,397$4,725,373
7$8,431,212$3,075,506$396,267$4,959,439
8$8,852,772$3,231,483$416,080$5,205,209
9$9,295,411$3,395,259$436,884$5,463,267
10$9,760,181$3,567,224$458,729$5,734,228
11$10,248,190$3,747,788$481,665$6,018,738
12$10,760,600$3,937,379$505,748$6,317,473
13$11,298,630$4,136,450$531,036$6,631,144
14$11,863,561$4,345,475$557,587$6,960,499
15$12,456,739$4,564,951$585,467$7,306,322
16$13,079,577$4,795,401$614,740$7,669,436
17$13,733,555$5,037,373$645,477$8,050,705
18$14,420,233$5,291,443$677,751$8,451,039
19$15,141,245$5,558,218$711,638$8,871,388
20$15,898,307$5,838,331$747,220$9,312,756
21$16,693,222$6,132,449$784,581$9,776,191
22$17,527,883$6,441,274$823,811$10,262,799
23$18,404,277$6,765,540$865,001$10,773,737
24$19,324,491$7,106,019$908,251$11,310,221
25$20,290,716$7,463,522$953,664$11,873,530
26$21,305,252$7,838,900$1,001,347$12,465,005
27$22,370,514$8,233,048$1,051,414$13,086,053
28$23,489,040$8,646,902$1,103,985$13,738,153
29$24,663,492$9,081,449$1,159,184$14,422,858
30$25,896,667$9,537,724$1,217,143$15,141,799
Total$418,000,001$153,338,717$19,645,999$245,015,283

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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.