USA Mega

Wisconsin Mega Millions Jackpot Annuity Payout Schedule for Aug 14, 2001

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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 $47,000,000 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:Tue, Aug 14, 2001
Jackpot:$47,000,000
Federal Tax:37% marginal rate
State Tax: 7.65%
Report:Mega Millions annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$707,417$218,765$54,117$434,535
2$742,788$231,852$56,823$454,113
3$779,928$245,594$59,664$474,670
4$818,924$260,022$62,648$496,254
5$859,870$275,172$65,780$518,918
6$902,864$291,080$69,069$542,715
7$948,007$307,783$72,523$567,702
8$995,407$325,321$76,149$593,938
9$1,045,178$343,736$79,956$621,486
10$1,097,437$363,072$83,954$650,411
11$1,152,308$383,374$88,152$680,783
12$1,209,924$404,692$92,559$712,673
13$1,270,420$427,076$97,187$746,157
14$1,333,941$450,578$102,046$781,316
15$1,400,638$475,256$107,149$818,233
16$1,470,670$501,168$112,506$856,996
17$1,544,204$528,376$118,132$897,696
18$1,621,414$556,943$124,038$940,432
19$1,702,484$586,939$130,240$985,305
20$1,787,609$618,435$136,752$1,032,421
21$1,876,989$651,506$143,590$1,081,893
22$1,970,839$686,231$150,769$1,133,839
23$2,069,380$722,691$158,308$1,188,382
24$2,172,849$760,975$166,223$1,245,652
25$2,281,492$801,172$174,534$1,305,786
26$2,395,567$843,380$183,261$1,368,926
27$2,515,345$887,698$192,424$1,435,223
28$2,641,112$934,232$202,045$1,504,835
29$2,773,168$983,092$212,147$1,577,928
30$2,911,826$1,034,396$222,755$1,654,676
Total$47,000,000$16,100,607$3,595,500$27,303,894

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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.