USA Mega

Missouri Mega Millions Jackpot Annuity Payout Schedule for Nov 18, 2022

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The tax information provided here is based on 2025 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 $238,000,000 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, Nov 18, 2022
Jackpot:$238,000,000
Federal Tax:37% marginal rate
State Tax: 4.7%
Report:Mega Millions annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$3,582,242$1,282,450$168,365$2,131,427
2$3,761,354$1,348,721$176,784$2,235,849
3$3,949,421$1,418,306$185,623$2,345,492
4$4,146,892$1,491,370$194,904$2,460,618
5$4,354,237$1,568,088$204,649$2,581,500
6$4,571,949$1,648,641$214,882$2,708,426
7$4,800,546$1,733,222$225,626$2,841,698
8$5,040,574$1,822,033$236,907$2,981,634
9$5,292,602$1,915,283$248,752$3,128,567
10$5,557,232$2,013,196$261,190$3,282,846
11$5,835,094$2,116,005$274,249$3,444,840
12$6,126,849$2,223,954$287,962$3,614,933
13$6,433,191$2,337,301$302,360$3,793,530
14$6,754,851$2,456,315$317,478$3,981,058
15$7,092,593$2,581,280$333,352$4,177,962
16$7,447,223$2,712,493$350,019$4,384,711
17$7,819,584$2,850,266$367,520$4,601,797
18$8,210,563$2,994,929$385,896$4,829,738
19$8,621,091$3,146,824$405,191$5,069,076
20$9,052,146$3,306,314$425,451$5,320,381
21$9,504,753$3,473,779$446,723$5,584,251
22$9,979,991$3,649,617$469,060$5,861,314
23$10,478,991$3,834,247$492,513$6,152,231
24$11,002,940$4,028,108$517,138$6,457,694
25$11,553,087$4,231,662$542,995$6,778,429
26$12,130,741$4,445,395$570,145$7,115,202
27$12,737,279$4,669,813$598,652$7,468,813
28$13,374,142$4,905,453$628,585$7,840,105
29$14,042,849$5,152,875$660,014$8,229,961
30$14,744,992$5,412,667$693,015$8,639,310
Total$238,000,000$86,770,607$11,186,000$140,043,393

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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.