USA Mega

Montana Mega Millions Jackpot Annuity Payout Schedule for May 29, 2026

Media: You may freely use any information on this page, but you must credit usamega.com.

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 $331,000,000 for a ticket purchased in Montana, 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:

Montana

Drawing Date:Fri, May 29, 2026
Jackpot:$331,000,000
Federal Tax:37% marginal rate
State Tax: 5.65%
Report:Mega Millions annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$4,982,025$1,799,306$281,484$2,901,234
2$5,231,126$1,891,474$295,559$3,044,094
3$5,492,683$1,988,250$310,337$3,194,096
4$5,767,317$2,089,864$325,853$3,351,599
5$6,055,682$2,196,560$342,146$3,516,977
6$6,358,467$2,308,590$359,253$3,690,623
7$6,676,390$2,426,222$377,216$3,872,953
8$7,010,210$2,549,735$396,077$4,064,398
9$7,360,720$2,679,424$415,881$4,265,416
10$7,728,756$2,815,597$436,675$4,476,484
11$8,115,194$2,958,579$458,508$4,698,106
12$8,520,954$3,108,710$481,434$4,930,810
13$8,947,001$3,266,348$505,506$5,175,148
14$9,394,351$3,431,867$530,781$5,431,703
15$9,864,069$3,605,663$557,320$5,701,086
16$10,357,272$3,788,148$585,186$5,983,938
17$10,875,136$3,979,757$614,445$6,280,933
18$11,418,893$4,180,948$645,167$6,592,778
19$11,989,837$4,392,197$677,426$6,920,214
20$12,589,329$4,614,009$711,297$7,264,023
21$13,218,795$4,846,912$746,862$7,625,022
22$13,879,735$5,091,459$784,205$8,004,071
23$14,573,722$5,348,234$823,415$8,402,072
24$15,302,408$5,617,848$864,586$8,819,974
25$16,067,528$5,900,943$907,815$9,258,770
26$16,870,905$6,198,192$953,206$9,719,507
27$17,714,450$6,510,304$1,000,866$10,203,280
28$18,600,173$6,838,021$1,050,910$10,711,242
29$19,530,181$7,182,124$1,103,455$11,244,602
30$20,506,691$7,543,433$1,158,628$11,804,630
Total$331,000,001$121,148,718$18,701,499$191,149,783

◄ Back to Jackpot Analysis

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.