USA Mega

Pennsylvania Mega Millions Jackpot Annuity Payout Schedule for Jul 18, 2017

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

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 $232,000,000 for a ticket purchased in Pennsylvania, 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:

Pennsylvania

Drawing Date:Tue, Jul 18, 2017
Jackpot:$232,000,000
Federal Tax:37% marginal rate
State Tax: 3.07%
Report:Mega Millions annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$3,491,933$1,249,035$107,202$2,135,695
2$3,666,530$1,313,636$112,562$2,240,331
3$3,849,856$1,381,467$118,191$2,350,198
4$4,042,349$1,452,689$124,100$2,465,559
5$4,244,466$1,527,473$130,305$2,586,688
6$4,456,690$1,605,995$136,820$2,713,874
7$4,679,524$1,688,444$143,661$2,847,419
8$4,913,500$1,775,015$150,844$2,987,641
9$5,159,175$1,865,915$158,387$3,134,874
10$5,417,134$1,961,360$166,306$3,289,468
11$5,687,991$2,061,577$174,621$3,451,793
12$5,972,390$2,166,805$183,352$3,622,233
13$6,271,010$2,277,294$192,520$3,801,196
14$6,584,560$2,393,308$202,146$3,989,107
15$6,913,788$2,515,122$212,253$4,186,413
16$7,259,478$2,643,027$222,866$4,393,585
17$7,622,452$2,777,327$234,009$4,611,115
18$8,003,574$2,918,343$245,710$4,839,522
19$8,403,753$3,066,409$257,995$5,079,349
20$8,823,941$3,221,878$270,895$5,331,167
21$9,265,138$3,385,121$284,440$5,595,577
22$9,728,395$3,556,526$298,662$5,873,207
23$10,214,814$3,736,502$313,595$6,164,718
24$10,725,555$3,925,476$329,275$6,470,805
25$11,261,833$4,123,898$345,738$6,792,196
26$11,824,924$4,332,242$363,025$7,129,657
27$12,416,171$4,551,003$381,176$7,483,991
28$13,036,979$4,780,702$400,235$7,856,041
29$13,688,828$5,021,887$420,247$8,246,694
30$14,373,270$5,275,130$441,259$8,656,880
Total$232,000,000$84,550,606$7,122,397$140,326,993

◄ 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.