USA Mega

Missouri Mega Millions Jackpot Annuity Payout Schedule for Sep 10, 2024

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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 $810,000,000 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, Sep 10, 2024
Jackpot:$810,000,000
Federal Tax:37% marginal rate
State Tax: 4.7%
Report:Mega Millions annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$12,191,662$4,466,872$573,008$7,151,782
2$12,801,246$4,692,418$601,659$7,507,169
3$13,441,308$4,929,241$631,741$7,880,325
4$14,113,374$5,177,905$663,329$8,272,140
5$14,819,042$5,439,003$696,495$8,683,544
6$15,559,994$5,713,155$731,320$9,115,519
7$16,337,994$6,001,015$767,886$9,569,093
8$17,154,894$6,303,268$806,280$10,045,346
9$18,012,638$6,620,633$846,594$10,545,411
10$18,913,270$6,953,867$888,924$11,070,479
11$19,858,934$7,303,763$933,370$11,621,801
12$20,851,880$7,671,153$980,038$12,200,689
13$21,894,474$8,056,913$1,029,040$12,808,521
14$22,989,198$8,461,961$1,080,492$13,446,745
15$24,138,658$8,887,261$1,134,517$14,116,880
16$25,345,591$9,333,826$1,191,243$14,820,522
17$26,612,870$9,802,719$1,250,805$15,559,346
18$27,943,514$10,295,057$1,313,345$16,335,111
19$29,340,689$10,812,012$1,379,012$17,149,665
20$30,807,724$11,354,815$1,447,963$18,004,946
21$32,348,110$11,924,758$1,520,361$18,902,991
22$33,965,515$12,523,198$1,596,379$19,845,938
23$35,663,791$13,151,560$1,676,198$20,836,033
24$37,446,980$13,811,340$1,760,008$21,875,632
25$39,319,329$14,504,109$1,848,008$22,967,212
26$41,285,297$15,231,517$1,940,409$24,113,371
27$43,349,561$15,995,295$2,037,429$25,316,837
28$45,517,039$16,797,262$2,139,301$26,580,476
29$47,792,891$17,639,327$2,246,266$27,907,298
30$50,182,536$18,523,496$2,358,579$29,300,461
Total$810,000,002$298,378,719$38,069,999$473,551,283

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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.