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Wisconsin Mega Millions Jackpot Annuity Payout Schedule for Jul 2, 2021

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The tax information provided here is based on 2026 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 $72,000,000 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, Jul 2, 2021
Jackpot:$72,000,000
Federal Tax:37% marginal rate
State Tax: 7.65%
Report:Mega Millions annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$1,083,703$356,927$82,903$643,873
2$1,137,889$376,976$87,048$673,864
3$1,194,783$398,027$91,401$705,355
4$1,254,522$420,130$95,971$738,421
5$1,317,248$443,339$100,769$773,140
6$1,383,111$467,708$105,808$809,594
7$1,452,266$493,296$111,098$847,872
8$1,524,879$520,163$116,653$888,064
9$1,601,123$548,373$122,486$930,265
10$1,681,180$577,994$128,610$974,576
11$1,765,239$609,096$135,041$1,021,102
12$1,853,500$641,752$141,793$1,069,955
13$1,946,175$676,042$148,882$1,121,251
14$2,043,484$712,046$156,327$1,175,111
15$2,145,658$749,851$164,143$1,231,665
16$2,252,941$789,546$172,350$1,291,046
17$2,365,588$831,225$180,968$1,353,396
18$2,483,868$874,988$190,016$1,418,864
19$2,608,061$920,940$199,517$1,487,605
20$2,738,464$969,189$209,493$1,559,783
21$2,875,388$1,019,851$219,967$1,635,570
22$3,019,157$1,073,045$230,966$1,715,146
23$3,170,115$1,128,900$242,514$1,798,701
24$3,328,620$1,187,547$254,639$1,886,434
25$3,495,052$1,249,126$267,371$1,978,554
26$3,669,804$1,313,785$280,740$2,075,279
27$3,853,294$1,381,676$294,777$2,176,841
28$4,045,959$1,452,962$309,516$2,283,481
29$4,248,257$1,527,812$324,992$2,395,453
30$4,460,670$1,606,405$341,241$2,513,024
Total$72,000,000$25,318,717$5,508,000$41,173,285

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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.