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Kentucky Mega Millions Jackpot Annuity Payout Schedule for Jan 26, 2021

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The tax information provided here is based on 2021 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 $20,000,000 for a ticket purchased in Kentucky, 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 prize money, as well as deductions claimed.

Kentucky

Federal Filing Status:

Year Gross Payment Federal Taxes State Taxes Net Payment
1 $301,029 $79,904 $15,051 $206,073
2 $316,080 $85,172 $15,804 $215,104
3 $331,884 $90,704 $16,594 $224,586
4 $348,478 $96,512 $17,424 $234,543
5 $365,902 $102,610 $18,295 $244,997
6 $384,197 $109,013 $19,210 $255,974
7 $403,407 $115,737 $20,170 $267,500
8 $423,578 $122,796 $21,179 $279,602
9 $444,757 $130,209 $22,238 $292,310
10 $466,994 $137,992 $23,350 $305,652
11 $490,344 $146,165 $24,517 $319,662
12 $514,861 $154,746 $25,743 $334,372
13 $540,604 $164,096 $27,030 $349,478
14 $567,635 $174,097 $28,382 $365,156
15 $596,016 $184,598 $29,801 $381,617
16 $625,817 $195,625 $31,291 $398,902
17 $657,108 $207,202 $32,855 $417,050
18 $689,963 $219,359 $34,498 $436,106
19 $724,461 $232,123 $36,223 $456,115
20 $760,685 $245,526 $38,034 $477,125
21 $798,719 $259,598 $39,936 $499,185
22 $838,655 $274,374 $41,933 $522,347
23 $880,587 $289,890 $44,029 $546,668
24 $924,617 $306,180 $46,231 $572,205
25 $970,848 $323,286 $48,542 $599,019
26 $1,019,390 $341,247 $50,970 $627,174
27 $1,070,360 $360,105 $53,518 $656,736
28 $1,123,878 $379,907 $56,194 $687,777
29 $1,180,071 $400,699 $59,004 $720,369
30 $1,239,075 $422,530 $61,954 $754,591
Total $20,000,000 $6,352,002 $1,000,000 $12,647,995

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.

Mega Millions annuity chart shows the annual net payout a Kentucky jackpot winner would get after federal and state taxes.

Kentucky (KY) Mega Millions Numbers & Results

Check Kentucky (KY) Mega Millions winning numbers and results, monitor KY lottery jackpots, and see the latest news on all your favorite KY lottery games with our mobile lottery app!

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Latest Kentucky Mega Millions Results

Mega Millions | $1,000,000,000

Mega Millions | $865,000,000

Mega Millions | $750,000,000

Mega Millions | $625,000,000

Mega Millions | $520,000,000

Mega Millions | $432,000,000

Mega Millions | $401,000,000

Mega Millions | $376,000,000

Mega Millions | $352,000,000

Kentucky Mega Millions Prize Amounts

Numbers Correct Prize
5 of 5 w/ Mega Ball Jackpot
5 of 5 $1,000,000
4 of 5 w/ Mega Ball $10,000
4 of 4 $500
3 of 5 w/ Mega Ball $200
3 of 5 $10
2 of 5 w/ Mega Ball $10
1 of 5 w/ Mega Ball $4
0 of 5 w/ Mega Ball $2

Kentucky Mega Millions Megaplier Prize Amounts

Numbers Correct Megaplier 2X Megaplier 3X Megaplier 4X Megaplier 5X
5 of 5 $2,000,000 $3,000,000 $4,000,000 $5,000,000
4 of 5 w/ Megaplier $20,000 $30,000 $40,000 $50,000
4 of 5 $1,000 $1,500 $2,000 $2,500
3 of 5 w/ Megaplier $400 $600 $800 $1,000
3 of 5 $20 $30 $40 $50
2 of 5 w/ Megaplier $20 $30 $40 $50
1 of 5 w/ Megaplier $8 $12 $16 $20
0 of 5 w/ Megaplier $4 $6 $8 $10

Kentucky Mega Millions FAQs

Can I buy a KY Mega Millions ticket online?

If you’re in Texas, California, Michigan, Minnesota, New Hampshire, Oregon, Washington or Pennsylvania you can purchase Mega Millions tickets through Lottery.com at play.lottery.com!

When is the Kentucky Mega Millions?

Kentucky Mega Millions drawings take place twice a week on Tuesday and Friday nights.

What time is the Kentucky Mega Millions drawing?

What is the KY Mega Millions jackpot?

Mega Millions jackpots roll-over until there is a winner or multiple winners. You can find the latest Kentucky Mega Millions jackpot amounts here on the Lottery.com Kentucky Mega Millions Jackpots page.

Did anyone win the KY Mega Millions?

When Mega Millions resets to the minimum jackpot, it’s an indication that one or more players won in the most recent drawing.

What are the KY Mega Millions winning numbers?

View the latest Mega Millions winning numbers in the Lottery.com app or on the Lottery.com website following each drawing here on the Kentucky Mega Millions Results page.

What are the odds of winning?

Higher than you think! The odds of winning a prize are 1 in 24.

Information on responsible gaming and problem gaming is available here. Or call 1-800-522-4700.

Get the latest winning numbers (results) and jackpots for KENTUCKY MEGA MILLIONS and all of your other favorite Kentucky lottery games. ]]>