USA Mega

Virginia Mega Millions Jackpot Annuity Payout Schedule for Jul 18, 2025

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 $100,000,000 for a ticket purchased in Virginia, 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:

Virginia

Drawing Date:Fri, Jul 18, 2025
Jackpot:$100,000,000
Federal Tax:37% marginal rate
State Tax: 5.75%
Report:Mega Millions annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$1,505,144$513,923$86,546$904,674
2$1,580,401$541,769$90,873$947,759
3$1,659,421$571,006$95,417$992,998
4$1,742,392$601,705$100,188$1,040,499
5$1,829,511$633,939$105,197$1,090,375
6$1,920,987$667,785$110,457$1,142,745
7$2,017,036$703,324$115,980$1,197,733
8$2,117,888$740,639$121,779$1,255,471
9$2,223,783$779,820$127,867$1,316,095
10$2,334,972$820,960$134,261$1,379,751
11$2,451,720$864,157$140,974$1,446,590
12$2,574,306$909,514$148,023$1,516,770
13$2,703,022$957,138$155,424$1,590,460
14$2,838,173$1,007,144$163,195$1,667,834
15$2,980,081$1,059,650$171,355$1,749,076
16$3,129,085$1,114,782$179,922$1,834,381
17$3,285,540$1,172,670$188,919$1,923,951
18$3,449,817$1,233,452$198,364$2,018,000
19$3,622,307$1,297,274$208,283$2,116,751
20$3,803,423$1,364,287$218,697$2,220,439
21$3,993,594$1,434,650$229,632$2,329,312
22$4,193,274$1,508,531$241,113$2,443,629
23$4,402,937$1,586,107$253,169$2,563,661
24$4,623,084$1,667,561$265,827$2,689,695
25$4,854,238$1,753,088$279,119$2,822,031
26$5,096,950$1,842,892$293,075$2,960,984
27$5,351,798$1,937,185$307,728$3,106,884
28$5,619,388$2,036,194$323,115$3,260,079
29$5,900,357$2,140,152$339,271$3,420,934
30$6,195,375$2,249,309$356,234$3,589,832
Total$100,000,000$35,710,607$5,750,004$58,539,393

◄ 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.