USA Mega

Wisconsin Mega Millions Jackpot Annuity Payout Schedule for Sep 18, 1998

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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 $18,000,000 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, Sep 18, 1998
Jackpot:$18,000,000
Federal Tax:37% marginal rate
State Tax: 7.65%
Report:Mega Millions annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$270,926$64,371$20,726$185,829
2$284,472$69,112$21,762$193,598
3$298,696$74,091$22,850$201,755
4$313,631$79,318$23,993$210,320
5$329,312$84,806$25,192$219,313
6$345,778$90,569$26,452$228,756
7$363,067$96,621$27,775$238,671
8$381,220$102,974$29,163$249,082
9$400,281$109,646$30,621$260,014
10$420,295$116,650$32,153$271,492
11$441,310$124,006$33,760$283,544
12$463,375$131,729$35,448$296,198
13$486,544$139,838$37,221$309,486
14$510,871$148,352$39,082$323,437
15$536,415$157,292$41,036$338,087
16$563,235$166,680$43,088$353,468
17$591,397$176,536$45,242$369,619
18$620,967$186,886$47,504$386,577
19$652,015$198,266$49,879$403,870
20$684,616$210,328$52,373$421,915
21$718,847$222,994$54,992$440,862
22$754,789$236,292$57,741$460,756
23$792,529$250,256$60,628$481,644
24$832,155$264,918$63,660$503,578
25$873,763$280,313$66,843$526,608
26$917,451$296,477$70,185$550,789
27$963,324$313,450$73,694$576,179
28$1,011,490$331,271$77,379$602,839
29$1,062,064$349,984$81,248$630,832
30$1,115,167$369,632$85,310$660,225
Total$18,000,000$5,443,658$1,377,000$11,179,343

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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.