Jackpot Analysis

Mega Millions Jackpot Analysis

he tax information provided here is based on 2021 federal marginal rates and state tax rates. We show both the intial mandated federal withholding of 24% as well as the remaining federal taxes that will be due.

The initial state withholding taxes are based on published guidance from each state lottery and the final state tax rates are from state government publications.

All annuity amounts shown are the average amounts a jackpot winner would receive.

Mega Millions annuity payments are made on an annually-increasing rate schedule,

so to see what the payments would be on a year-by-year basis for any state, click the Annual Payment Schedule link next to the state.