USA Mega

Missouri Mega Millions Jackpot Annuity Payout Schedule for Jul 16, 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 $117,000,000 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, Jul 16, 2021
Jackpot:$117,000,000
Federal Tax:37% marginal rate
State Tax: 4.7%
Report:Mega Millions annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$1,761,018$607,534$82,768$1,070,716
2$1,849,069$640,113$86,906$1,122,050
3$1,941,522$674,320$91,252$1,175,950
4$2,038,598$710,239$95,814$1,232,546
5$2,140,528$747,953$100,605$1,291,971
6$2,247,555$787,552$105,635$1,354,367
7$2,359,932$829,132$110,917$1,419,883
8$2,477,929$872,791$116,463$1,488,675
9$2,601,826$918,633$122,286$1,560,907
10$2,731,917$966,766$128,400$1,636,750
11$2,868,513$1,017,307$134,820$1,716,386
12$3,011,938$1,070,374$141,561$1,800,003
13$3,162,535$1,126,095$148,639$1,887,801
14$3,320,662$1,184,602$156,071$1,979,989
15$3,486,695$1,246,034$163,875$2,076,786
16$3,661,030$1,310,538$172,068$2,178,423
17$3,844,081$1,378,267$180,672$2,285,142
18$4,036,285$1,449,383$189,705$2,397,197
19$4,238,100$1,524,054$199,191$2,514,855
20$4,450,005$1,602,459$209,150$2,638,395
21$4,672,505$1,684,784$219,608$2,768,113
22$4,906,130$1,771,225$230,588$2,904,317
23$5,151,437$1,861,989$242,118$3,047,330
24$5,409,008$1,957,290$254,223$3,197,495
25$5,679,459$2,057,357$266,935$3,355,167
26$5,963,432$2,162,427$280,281$3,520,723
27$6,261,603$2,272,750$294,295$3,694,557
28$6,574,683$2,388,590$309,010$3,877,083
29$6,903,418$2,510,222$324,461$4,068,735
30$7,248,589$2,637,935$340,684$4,269,970
Total$117,000,000$41,968,715$5,499,001$69,532,282

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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.