USA Mega

Ohio Mega Millions Jackpot Annuity Payout Schedule for May 13, 2025

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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 $110,000,000 for a ticket purchased in Ohio, 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:

Ohio

Drawing Date:Tue, May 13, 2025
Jackpot:$110,000,000
Federal Tax:37% marginal rate
State Tax: 3.5%
Report:Mega Millions annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$1,655,658$569,614$57,948$1,028,096
2$1,738,441$600,243$60,845$1,077,352
3$1,825,363$632,404$63,888$1,129,071
4$1,916,631$666,174$67,082$1,183,375
5$2,012,462$701,631$70,436$1,240,395
6$2,113,086$738,862$73,958$1,300,266
7$2,218,740$777,954$77,656$1,363,130
8$2,329,677$819,001$81,539$1,429,138
9$2,446,161$862,100$85,616$1,498,445
10$2,568,469$907,354$89,896$1,571,219
11$2,696,892$954,870$94,391$1,647,631
12$2,831,737$1,004,763$99,111$1,727,863
13$2,973,324$1,057,150$104,066$1,812,107
14$3,121,990$1,112,156$109,270$1,900,564
15$3,278,089$1,169,913$114,733$1,993,443
16$3,441,994$1,230,558$120,470$2,090,966
17$3,614,093$1,294,235$126,493$2,193,365
18$3,794,798$1,361,096$132,818$2,300,885
19$3,984,538$1,431,299$139,459$2,413,780
20$4,183,765$1,505,013$146,432$2,532,320
21$4,392,953$1,582,413$153,753$2,656,787
22$4,612,601$1,663,683$161,441$2,787,477
23$4,843,231$1,749,016$169,513$2,924,702
24$5,085,392$1,838,615$177,989$3,068,788
25$5,339,662$1,932,695$186,888$3,220,079
26$5,606,645$2,031,479$196,233$3,378,934
27$5,886,977$2,135,202$206,044$3,545,731
28$6,181,326$2,244,111$216,346$3,720,869
29$6,490,393$2,358,466$227,164$3,904,763
30$6,814,912$2,478,538$238,522$4,097,853
Total$110,000,000$39,410,608$3,850,000$66,739,394

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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.