USA Mega

Missouri Mega Millions Jackpot Annuity Payout Schedule for Aug 13, 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 $225,000,000 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, Aug 13, 2021
Jackpot:$225,000,000
Federal Tax:37% marginal rate
State Tax: 4.7%
Report:Mega Millions annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$3,386,573$1,208,989$159,169$2,018,415
2$3,555,902$1,271,641$167,127$2,117,133
3$3,733,697$1,337,425$175,484$2,220,788
4$3,920,382$1,406,498$184,258$2,329,625
5$4,116,400$1,479,025$193,471$2,443,904
6$4,322,221$1,555,179$203,144$2,563,897
7$4,538,332$1,635,140$213,302$2,689,890
8$4,765,248$1,719,099$223,967$2,822,182
9$5,003,511$1,807,256$235,165$2,961,089
10$5,253,686$1,899,821$246,923$3,106,942
11$5,516,370$1,997,014$259,269$3,260,087
12$5,792,189$2,099,067$272,233$3,420,889
13$6,081,798$2,206,223$285,845$3,589,731
14$6,385,888$2,318,736$300,137$3,767,016
15$6,705,183$2,436,875$315,144$3,953,164
16$7,040,442$2,560,921$330,901$4,148,620
17$7,392,464$2,691,169$347,446$4,353,849
18$7,762,087$2,827,929$364,818$4,569,340
19$8,150,191$2,971,528$383,059$4,795,604
20$8,557,701$3,122,307$402,212$5,033,182
21$8,985,586$3,280,624$422,323$5,282,639
22$9,434,865$3,446,857$443,439$5,544,569
23$9,906,609$3,621,402$465,611$5,819,596
24$10,401,939$3,804,675$488,891$6,108,373
25$10,922,036$3,997,111$513,336$6,411,590
26$11,468,138$4,199,168$539,002$6,729,967
27$12,041,545$4,411,329$565,953$7,064,263
28$12,643,622$4,634,097$594,250$7,415,274
29$13,275,803$4,868,004$623,963$7,783,836
30$13,939,593$5,113,607$655,161$8,170,826
Total$225,000,000$81,928,716$10,575,003$132,496,280

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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.