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Mega Millions Jackpot Analysis

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The 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.

Important: Be sure to review the Important Notes section at the bottom of the page, which provide additional context about the numbers presented here.

Federal Filing Status:

Annuity Cash
Mega Millions Jackpot for Tue, Jan 26, 2021 $20,000,000 $14,700,000
Gross Prize 30 average annual payments of $666,667 Cash: $14,700,000
– 24% federal tax – $160,000 – $3,528,000
– Add’l federal taxes due (37% final rate) – $50,739 – $1,875,072
Subtotal $455,928 $9,296,928
– State Tax:
Arizona: 4.8% state tax for in-state residents – $32,000 – $705,600
Your average net per year: $423,928 Your net payout: $8,591,328
After 30 payments: $12,717,840
Annuity Payment Schedule
Non-Arizona residents: 6% state tax – $40,000 – $882,000
Your average net per year: $415,928 Your net payout: $8,414,928
After 30 payments: $12,477,840
Annuity Payment Schedule
Arkansas: 6.6% state tax – $44,000 – $970,200
Your average net per year: $411,928 Your net payout: $8,326,728
After 30 payments: $12,357,840
Annuity Payment Schedule
California: No state tax on lottery prizes
Your average net per year: $455,928 Your net payout: $9,296,928
After 30 payments: $13,677,840
Annuity Payment Schedule
Colorado: 4% state tax withheld – $26,667 – $588,000
Add’l state taxes due (4.63% final rate) – $4,200 – $92,610
Your average net per year: $425,061 Your net payout: $8,616,318
After 30 payments: $12,751,830
Annuity Payment Schedule
Connecticut: 6.99% state tax – $46,600 – $1,027,530
Your average net per year: $409,328 Your net payout: $8,269,398
After 30 payments: $12,279,840
Annuity Payment Schedule
Delaware: 0% state tax withheld – $0 – $0
Add’l state taxes due (6.6% final rate) – $44,000 – $970,200
Your average net per year: $411,928 Your net payout: $8,326,728
After 30 payments: $12,357,840
Annuity Payment Schedule
Florida: No state tax on lottery prizes
Your average net per year: $455,928 Your net payout: $9,296,928
After 30 payments: $13,677,840
Annuity Payment Schedule
Georgia: 5.75% state tax – $38,333 – $845,250
Your average net per year: $417,594 Your net payout: $8,451,678
After 30 payments: $12,527,820
Annuity Payment Schedule
Idaho: 6.925% state tax – $46,167 – $1,017,975
Your average net per year: $409,761 Your net payout: $8,278,953
After 30 payments: $12,292,830
Annuity Payment Schedule
Illinois: 4.95% state tax – $33,000 – $727,650
Your average net per year: $422,928 Your net payout: $8,569,278
After 30 payments: $12,687,840
Annuity Payment Schedule
Indiana: 3.23% state tax – $21,533 – $474,810
Your average net per year: $434,394 Your net payout: $8,822,118
After 30 payments: $13,031,820
Annuity Payment Schedule
Iowa: 5% state tax withheld – $33,333 – $735,000
Add’l state taxes due (8.53% final rate) – $23,533 – $518,910
Your average net per year: $399,061 Your net payout: $8,043,018
After 30 payments: $11,971,830
Annuity Payment Schedule
Kansas: 5% state tax withheld – $33,333 – $735,000
Add’l state taxes due (5.7% final rate) – $4,667 – $102,900
Your average net per year: $417,928 Your net payout: $8,459,028
After 30 payments: $12,537,840
Annuity Payment Schedule
Kentucky: 5% state tax – $33,333 – $735,000
Your average net per year: $422,594 Your net payout: $8,561,928
After 30 payments: $12,677,820
Annuity Payment Schedule
Louisiana: 5% state tax withheld – $33,333 – $735,000
Add’l state taxes due (6% final rate) – $6,667 – $147,000
Your average net per year: $415,928 Your net payout: $8,414,928
After 30 payments: $12,477,840
Annuity Payment Schedule
Maine: 5% state tax withheld – $33,333 – $735,000
Add’l state taxes due (7.15% final rate) – $14,333 – $316,050
Your average net per year: $408,261 Your net payout: $8,245,878
After 30 payments: $12,247,830
Annuity Payment Schedule
Maryland: 8.95% state tax for in-state residents – $59,667 – $1,315,650
Your average net per year: $396,261 Your net payout: $7,981,278
After 30 payments: $11,887,830
Annuity Payment Schedule
Non-Maryland residents: 8% state tax – $53,333 – $1,176,000
Your average net per year: $402,594 Your net payout: $8,120,928
After 30 payments: $12,077,820
Annuity Payment Schedule
Massachusetts: 5% state tax – $33,333 – $735,000
Your average net per year: $422,594 Your net payout: $8,561,928
After 30 payments: $12,677,820
Annuity Payment Schedule
Michigan: 4.25% state tax – $28,333 – $624,750
Your average net per year: $427,594 Your net payout: $8,672,178
After 30 payments: $12,827,820
Annuity Payment Schedule
Minnesota: 7.25% state tax withheld – $48,333 – $1,065,750
Add’l state taxes due (9.85% final rate) – $17,333 – $382,200
Your average net per year: $390,261 Your net payout: $7,848,978
After 30 payments: $11,707,830
Annuity Payment Schedule
Mississippi: 5% state tax – $33,333 – $735,000
Your average net per year: $422,594 Your net payout: $8,561,928
After 30 payments: $12,677,820
Annuity Payment Schedule
Missouri: 4% state tax withheld – $26,667 – $588,000
Add’l state taxes due (5.4% final rate) – $9,333 – $205,800
Your average net per year: $419,928 Your net payout: $8,503,128
After 30 payments: $12,597,840
Annuity Payment Schedule
Montana: 6.9% state tax – $46,000 – $1,014,300
Your average net per year: $409,928 Your net payout: $8,282,628
After 30 payments: $12,297,840
Annuity Payment Schedule
Nebraska: 5% state tax withheld – $33,333 – $735,000
Add’l state taxes due (6.84% final rate) – $12,267 – $270,480
Your average net per year: $410,328 Your net payout: $8,291,448
After 30 payments: $12,309,840
Annuity Payment Schedule
New Hampshire: No state tax on lottery prizes
Your average net per year: $455,928 Your net payout: $9,296,928
After 30 payments: $13,677,840
Annuity Payment Schedule
New Jersey: 8% state tax withheld – $53,333 – $1,176,000
Add’l state taxes due (10.75% final rate) – $18,333 – $404,250
Your average net per year: $384,261 Your net payout: $7,716,678
After 30 payments: $11,527,830
Annuity Payment Schedule
New Mexico: 6% state tax – $40,000 – $882,000
Your average net per year: $415,928 Your net payout: $8,414,928
After 30 payments: $12,477,840
Annuity Payment Schedule
New York: 8.82% state tax withheld † – $58,800 – $1,296,540
Add’l state taxes due (9.62% final rate) – $5,333 – $117,600
Your average net per year: $391,794 Your net payout: $7,882,788
After 30 payments: $11,753,820
Annuity Payment Schedule
North Carolina: 5.25% state tax – $35,000 – $771,750
Your average net per year: $420,928 Your net payout: $8,525,178
After 30 payments: $12,627,840
Annuity Payment Schedule
North Dakota: 2.9% state tax – $19,333 – $426,300
Your average net per year: $436,594 Your net payout: $8,870,628
After 30 payments: $13,097,820
Annuity Payment Schedule
Ohio: 4.797% state tax – $31,980 – $705,159
Your average net per year: $423,948 Your net payout: $8,591,769
After 30 payments: $12,718,440
Annuity Payment Schedule
Oklahoma: 5% state tax – $33,333 – $735,000
Your average net per year: $422,594 Your net payout: $8,561,928
After 30 payments: $12,677,820
Annuity Payment Schedule
Oregon: 8% state tax withheld – $53,333 – $1,176,000
Add’l state taxes due (9.9% final rate) – $12,667 – $279,300
Your average net per year: $389,928 Your net payout: $7,841,628
After 30 payments: $11,697,840
Annuity Payment Schedule
Pennsylvania: 3.07% state tax – $20,467 – $451,290
Your average net per year: $435,461 Your net payout: $8,845,638
After 30 payments: $13,063,830
Annuity Payment Schedule
Rhode Island: 5.99% state tax – $39,933 – $880,530
Your average net per year: $415,994 Your net payout: $8,416,398
After 30 payments: $12,479,820
Annuity Payment Schedule
South Carolina: 7% state tax – $46,667 – $1,029,000
Your average net per year: $409,261 Your net payout: $8,267,928
After 30 payments: $12,277,830
Annuity Payment Schedule
South Dakota: No state tax on lottery prizes
Your average net per year: $455,928 Your net payout: $9,296,928
After 30 payments: $13,677,840
Annuity Payment Schedule
Tennessee: No state tax on lottery prizes
Your average net per year: $455,928 Your net payout: $9,296,928
After 30 payments: $13,677,840
Annuity Payment Schedule
Texas: No state tax on lottery prizes
Your average net per year: $455,928 Your net payout: $9,296,928
After 30 payments: $13,677,840
Annuity Payment Schedule
U.S. Virgin Islands: Unknown state tax rate
Your average net per year: $455,928 Your net payout: $9,296,928
After 30 payments: $13,677,840
Annuity Payment Schedule
Vermont: 6% state tax withheld – $40,000 – $882,000
Add’l state taxes due (8.75% final rate) – $18,333 – $404,250
Your average net per year: $397,594 Your net payout: $8,010,678
After 30 payments: $11,927,820
Annuity Payment Schedule
Virginia: 4% state tax withheld – $26,667 – $588,000
Add’l state taxes due (5.75% final rate) – $11,667 – $257,250
Your average net per year: $417,594 Your net payout: $8,451,678
After 30 payments: $12,527,820
Annuity Payment Schedule
Washington: No state tax on lottery prize s
Your average net per year: $455,928 Your net payout: $9,296,928
After 30 payments: $13,677,840
Annuity Payment Schedule
Washington, D.C.: 8.95% state tax – $59,667 – $1,315,650
Your average net per year: $396,261 Your net payout: $7,981,278
After 30 payments: $11,887,830
Annuity Payment Schedule
West Virginia: 6.5% state tax – $43,333 – $955,500
Your average net per year: $412,594 Your net payout: $8,341,428
After 30 payments: $12,377,820
Annuity Payment Schedule
Wisconsin: 7.65% state tax – $51,000 – $1,124,550
Your average net per year: $404,928 Your net payout: $8,172,378
After 30 payments: $12,147,840
Annuity Payment Schedule
Wyoming: No state tax on lottery prizes
Your average net per year: $455,928 Your net payout: $9,296,928
After 30 payments: $13,677,840
Annuity Payment Schedule

† New York imposes additional withholding if you live in one of the following jurisdictions: New York City (3.876%) and Yonkers (1.477%).

Mega Millions jackpot analysis shows the net amount a grand prize winner would receive after federal and state taxes are withheld.

California(CA) Super Lotto Prize Analysis for Wed Jan 27, 2021

As legally required by the state of California, taxes are withheld on lottery winnings of $600.00 or more. For prizes over $5,000.00, US citizens and resident aliens with a social security number are subject to a 25% deduction to their prizes, which represents federal taxes. Luckily, lottery prizes are exempt from California state and local personal income taxes. For more information on taxes for lottery winnings in the state of California, click here.

  • Choose Payment Option: The jackpot winner of California(CA) Super Lotto has 60 days to decide to take a one time lump sum cash payment or 26 graduated annual installments after the claim approval.
  • Cash Option: California(CA) Super Lotto cash option is a single lump-sum payment of 45%
The California(CA) Super Lotto prize analysis tells you how much you would get after state, local and federal tax withholdings. ]]>