USA Mega

Wisconsin Mega Millions Jackpot Annuity Payout Schedule for Dec 6, 1996

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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 $9,000,000 for a ticket purchased in Wisconsin, 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:

Wisconsin

Drawing Date:Fri, Dec 6, 1996
Jackpot:$9,000,000
Federal Tax:37% marginal rate
State Tax: 7.65%
Report:Mega Millions annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$135,463$25,358$10,363$99,742
2$142,236$26,984$10,881$104,371
3$149,348$28,690$11,425$109,232
4$156,815$30,483$11,996$114,336
5$164,656$32,364$12,596$119,695
6$172,889$34,340$13,226$125,323
7$181,533$36,415$13,887$131,231
8$190,610$38,593$14,582$137,435
9$200,140$41,108$15,311$143,722
10$210,147$44,310$16,076$149,761
11$220,655$47,673$16,880$156,102
12$231,688$51,203$17,724$162,760
13$243,272$54,910$18,610$169,752
14$255,436$58,950$19,541$176,945
15$268,207$63,420$20,518$184,270
16$281,618$68,113$21,544$191,960
17$295,699$73,042$22,621$200,036
18$310,483$78,216$23,752$208,515
19$326,008$83,650$24,940$217,418
20$342,308$89,355$26,187$226,766
21$359,423$95,345$27,496$236,582
22$377,395$101,635$28,871$246,889
23$396,264$108,240$30,314$257,710
24$416,078$115,174$31,830$269,073
25$436,881$122,456$33,421$281,004
26$458,726$130,101$35,093$293,532
27$481,662$138,129$36,847$306,686
28$505,745$146,558$38,689$320,497
29$531,032$155,408$40,624$335,000
30$557,584$164,702$42,655$350,227
Total$9,000,000$2,284,925$688,500$6,026,572

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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.