USA Mega

Missouri Mega Millions Jackpot Annuity Payout Schedule for Apr 20, 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 $257,000,000 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, Apr 20, 2021
Jackpot:$257,000,000
Federal Tax:37% marginal rate
State Tax: 4.7%
Report:Mega Millions annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$3,868,219$1,387,198$181,806$2,299,214
2$4,061,630$1,458,760$190,897$2,411,973
3$4,264,711$1,533,900$200,441$2,530,369
4$4,477,947$1,612,798$210,464$2,654,686
5$4,701,844$1,695,640$220,987$2,785,218
6$4,936,936$1,782,624$232,036$2,922,277
7$5,183,783$1,873,957$243,638$3,066,188
8$5,442,972$1,969,857$255,820$3,217,296
9$5,715,121$2,070,552$268,611$3,375,958
10$6,000,877$2,176,282$282,041$3,542,554
11$6,300,921$2,287,298$296,143$3,717,480
12$6,615,967$2,403,865$310,950$3,901,151
13$6,946,765$2,526,260$326,498$4,094,007
14$7,294,104$2,654,776$342,823$4,296,505
15$7,658,809$2,789,716$359,964$4,509,128
16$8,041,749$2,931,404$377,962$4,732,383
17$8,443,837$3,080,177$396,860$4,966,799
18$8,866,028$3,236,388$416,703$5,212,937
19$9,309,330$3,400,409$437,538$5,471,382
20$9,774,796$3,572,632$459,415$5,742,749
21$10,263,536$3,753,466$482,386$6,027,684
22$10,776,713$3,943,341$506,506$6,326,866
23$11,315,549$4,142,710$531,831$6,641,008
24$11,881,326$4,352,048$558,422$6,970,856
25$12,475,392$4,571,852$586,343$7,317,196
26$13,099,162$4,802,647$615,661$7,680,854
27$13,754,120$5,044,982$646,444$8,062,695
28$14,441,826$5,299,433$678,766$8,463,627
29$15,163,917$5,566,607$712,704$8,884,606
30$15,922,113$5,847,139$748,339$9,326,635
Total$257,000,001$93,768,718$12,078,999$151,152,281

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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.