USA Mega

Wisconsin Mega Millions Jackpot Annuity Payout Schedule for Oct 23, 2018

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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 $1,537,000,000 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, Oct 23, 2018
Jackpot:$1,537,000,000
Federal Tax:37% marginal rate
State Tax: 7.65%
Report:Mega Millions annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$23,134,056$8,516,621$1,769,755$12,847,680
2$24,290,759$8,944,601$1,858,243$13,487,915
3$25,505,296$9,393,980$1,951,155$14,160,161
4$26,780,562$9,865,828$2,048,713$14,866,021
5$28,119,589$10,361,268$2,151,149$15,607,172
6$29,525,569$10,881,481$2,258,706$16,385,382
7$31,001,848$11,427,704$2,371,641$17,202,503
8$32,551,940$12,001,238$2,490,223$18,060,479
9$34,179,537$12,603,449$2,614,735$18,961,353
10$35,888,513$13,235,770$2,745,471$19,907,272
11$37,682,939$13,899,708$2,882,745$20,900,487
12$39,567,086$14,596,842$3,026,882$21,943,362
13$41,545,440$15,328,833$3,178,226$23,038,381
14$43,622,713$16,097,424$3,337,138$24,188,151
15$45,803,848$16,904,444$3,503,994$25,395,410
16$48,094,041$17,751,815$3,679,194$26,663,031
17$50,498,742$18,641,555$3,863,154$27,994,034
18$53,023,680$19,575,782$4,056,311$29,391,586
19$55,674,863$20,556,720$4,259,127$30,859,017
20$58,458,607$21,586,705$4,472,083$32,399,819
21$61,381,537$22,668,189$4,695,688$34,017,660
22$64,450,614$23,803,747$4,930,472$35,716,394
23$67,673,145$24,996,084$5,176,996$37,500,065
24$71,056,801$26,248,037$5,435,845$39,372,919
25$74,609,641$27,562,587$5,707,638$41,339,416
26$78,340,125$28,942,866$5,993,020$43,404,239
27$82,257,131$30,392,159$6,292,670$45,572,302
28$86,369,986$31,913,915$6,607,304$47,848,767
29$90,688,486$33,511,760$6,937,669$50,239,057
30$95,222,911$35,189,497$7,284,553$52,748,861
Total$1,537,000,003$567,400,609$117,580,500$852,018,896

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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.