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Pennsylvania Mega Millions Jackpot Annuity Payout Schedule for Oct 21, 2025

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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 $650,000,000 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, Oct 21, 2025
Jackpot:$650,000,000
Federal Tax:37% marginal rate
State Tax: 3.07%
Report:Mega Millions annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$9,783,433$3,575,827$300,351$5,907,254
2$10,272,605$3,756,821$315,369$6,200,415
3$10,786,235$3,946,864$331,137$6,508,233
4$11,325,547$4,146,410$347,694$6,831,443
5$11,891,823$4,355,932$365,079$7,170,813
6$12,486,415$4,575,931$383,333$7,527,151
7$13,110,736$4,806,930$402,500$7,901,307
8$13,766,273$5,049,478$422,625$8,294,170
9$14,454,586$5,304,154$443,756$8,706,676
10$15,177,315$5,571,564$465,944$9,139,808
11$15,936,181$5,852,344$489,241$9,594,596
12$16,732,990$6,147,164$513,703$10,072,124
13$17,569,640$6,456,724$539,388$10,573,528
14$18,448,122$6,781,762$566,357$11,100,002
15$19,370,528$7,123,053$594,675$11,652,800
16$20,339,054$7,481,407$624,409$12,233,238
17$21,356,007$7,857,680$655,629$12,842,698
18$22,423,807$8,252,766$688,411$13,482,630
19$23,544,997$8,667,606$722,831$14,154,560
20$24,722,248$9,103,189$758,973$14,860,086
21$25,958,360$9,560,550$796,922$15,600,888
22$27,256,278$10,040,780$836,768$16,378,730
23$28,619,092$10,545,021$878,606$17,195,464
24$30,050,046$11,074,474$922,536$18,053,035
25$31,552,548$11,630,400$968,663$18,953,485
26$33,130,176$12,214,122$1,017,096$19,898,957
27$34,786,685$12,827,031$1,067,951$20,891,703
28$36,526,019$13,470,584$1,121,349$21,934,086
29$38,352,320$14,146,316$1,177,416$23,028,588
30$40,269,936$14,855,834$1,236,287$24,177,816
Total$650,000,001$239,178,718$19,954,999$390,866,284

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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.