USA Mega

Wisconsin Mega Millions Jackpot Annuity Payout Schedule for Jan 15, 1999

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 $27,000,000 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, Jan 15, 1999
Jackpot:$27,000,000
Federal Tax:37% marginal rate
State Tax: 7.65%
Report:Mega Millions annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$406,389$111,783$31,089$263,517
2$426,708$118,895$32,643$275,170
3$448,044$126,363$34,275$287,406
4$470,446$134,203$35,989$300,253
5$493,968$142,436$37,789$313,743
6$518,666$151,081$39,678$327,908
7$544,600$160,157$41,662$342,781
8$571,830$169,688$43,745$358,397
9$600,421$179,695$45,932$374,794
10$630,442$190,284$48,229$391,930
11$661,964$201,947$50,640$409,377
12$695,063$214,193$53,172$427,697
13$729,816$227,052$55,831$446,933
14$766,307$240,554$58,622$467,130
15$804,622$254,730$61,554$488,338
16$844,853$269,616$64,631$510,606
17$887,096$285,246$67,863$533,987
18$931,450$301,657$71,256$558,538
19$978,023$318,889$74,819$584,315
20$1,026,924$336,982$78,560$611,382
21$1,078,270$355,980$82,488$639,802
22$1,132,184$375,928$86,612$669,644
23$1,188,793$396,874$90,943$700,977
24$1,248,233$418,866$95,490$733,877
25$1,310,644$441,959$100,264$768,421
26$1,376,177$466,206$105,278$804,693
27$1,444,985$491,665$110,541$842,779
28$1,517,235$518,397$116,068$882,769
29$1,593,096$546,466$121,872$924,759
30$1,672,751$575,938$127,965$968,848
Total$27,000,000$8,723,730$2,065,500$16,210,771

◄ 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.