USA Mega

Pennsylvania Mega Millions Jackpot Annuity Payout Schedule for Jul 16, 2019

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 $137,000,000 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 16, 2019
Jackpot:$137,000,000
Federal Tax:37% marginal rate
State Tax: 3.07%
Report:Mega Millions annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$2,062,047$718,914$63,305$1,279,827
2$2,165,149$757,062$66,470$1,341,617
3$2,273,406$797,118$69,794$1,406,495
4$2,387,077$839,176$73,283$1,474,618
5$2,506,430$883,337$76,947$1,546,147
6$2,631,752$929,706$80,795$1,621,252
7$2,763,340$978,393$84,835$1,700,112
8$2,901,507$1,029,515$89,076$1,782,916
9$3,046,582$1,083,193$93,530$1,869,859
10$3,198,911$1,139,554$98,207$1,961,150
11$3,358,857$1,198,734$103,117$2,057,006
12$3,526,799$1,260,873$108,273$2,157,654
13$3,703,139$1,326,119$113,686$2,263,334
14$3,888,296$1,394,627$119,371$2,374,299
15$4,082,711$1,466,560$125,339$2,490,812
16$4,286,847$1,542,091$131,606$2,613,150
17$4,501,189$1,621,397$138,187$2,741,605
18$4,726,249$1,704,669$145,096$2,876,484
19$4,962,561$1,792,105$152,351$3,018,106
20$5,210,689$1,883,912$159,968$3,166,809
21$5,471,224$1,980,310$167,967$3,322,947
22$5,744,785$2,081,528$176,365$3,486,892
23$6,032,024$2,187,806$185,183$3,659,035
24$6,333,625$2,299,399$194,442$3,839,784
25$6,650,306$2,416,571$204,164$4,029,571
26$6,982,822$2,539,601$214,373$4,228,848
27$7,331,963$2,668,784$225,091$4,438,088
28$7,698,561$2,804,425$236,346$4,657,790
29$8,083,489$2,946,848$248,163$4,888,478
30$8,487,663$3,096,393$260,571$5,130,699
Total$137,000,000$49,368,720$4,205,901$83,425,384

◄ 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.