USA Mega

Washington Mega Millions Jackpot Annuity Payout Schedule for Mar 14, 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 $277,000,000 for a ticket purchased in Washington, 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:

Washington

Drawing Date:Fri, Mar 14, 2025
Jackpot:$277,000,000
Federal Tax:37% marginal rate
State Tax: No state tax on lottery prizes
Report:Mega Millions annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$4,169,247$1,499,642$0$2,669,606
2$4,377,710$1,576,773$0$2,800,937
3$4,596,595$1,657,761$0$2,938,835
4$4,826,425$1,742,798$0$3,083,628
5$5,067,746$1,832,086$0$3,235,660
6$5,321,134$1,925,840$0$3,395,294
7$5,587,191$2,024,281$0$3,562,910
8$5,866,550$2,127,644$0$3,738,906
9$6,159,878$2,236,175$0$3,923,703
10$6,467,871$2,350,133$0$4,117,739
11$6,791,265$2,469,788$0$4,321,477
12$7,130,828$2,595,427$0$4,535,401
13$7,487,370$2,727,347$0$4,760,023
14$7,861,738$2,865,863$0$4,995,875
15$8,254,825$3,011,305$0$5,243,519
16$8,667,566$3,164,020$0$5,503,547
17$9,100,944$3,324,370$0$5,776,575
18$9,555,992$3,492,737$0$6,063,255
19$10,033,791$3,669,523$0$6,364,268
20$10,535,481$3,855,148$0$6,680,333
21$11,062,255$4,050,055$0$7,012,200
22$11,615,368$4,254,706$0$7,360,661
23$12,196,136$4,469,591$0$7,726,545
24$12,805,943$4,695,219$0$8,110,724
25$13,446,240$4,932,129$0$8,514,111
26$14,118,552$5,180,885$0$8,937,668
27$14,824,480$5,442,078$0$9,382,402
28$15,565,703$5,716,330$0$9,849,373
29$16,343,989$6,004,296$0$10,339,693
30$17,161,188$6,306,660$0$10,854,528
Total$277,000,001$101,200,610$0$175,799,396

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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.