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Washington, D.C. 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 Washington, D.C., 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.

Washington, D.C.

Federal Filing Status:

Year Gross Payment Federal Taxes State Taxes Net Payment
1 $301,029 $79,904 $26,942 $194,182
2 $316,080 $85,172 $28,289 $202,619
3 $331,884 $90,704 $29,704 $211,477
4 $348,478 $96,512 $31,189 $220,778
5 $365,902 $102,610 $32,748 $230,544
6 $384,197 $109,013 $34,386 $240,798
7 $403,407 $115,737 $36,105 $251,566
8 $423,578 $122,796 $37,910 $262,871
9 $444,757 $130,209 $39,806 $274,742
10 $466,994 $137,992 $41,796 $287,206
11 $490,344 $146,165 $43,886 $300,294
12 $514,861 $154,746 $46,080 $314,035
13 $540,604 $164,096 $48,384 $328,124
14 $567,635 $174,097 $50,803 $342,734
15 $596,016 $184,598 $53,343 $358,075
16 $625,817 $195,625 $56,011 $374,182
17 $657,108 $207,202 $58,811 $391,095
18 $689,963 $219,359 $61,752 $408,853
19 $724,461 $232,123 $64,839 $427,499
20 $760,685 $245,526 $68,081 $447,078
21 $798,719 $259,598 $71,485 $467,635
22 $838,655 $274,374 $75,060 $489,221
23 $880,587 $289,890 $78,813 $511,885
24 $924,617 $306,180 $82,753 $535,683
25 $970,848 $323,286 $86,891 $560,671
26 $1,019,390 $341,247 $91,235 $586,908
27 $1,070,360 $360,105 $95,797 $614,457
28 $1,123,878 $379,907 $100,587 $643,384
29 $1,180,071 $400,699 $105,616 $673,756
30 $1,239,075 $422,530 $110,897 $705,648
Total $20,000,000 $6,352,002 $1,789,999 $11,858,000

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 Washington, D.C. jackpot winner would get after federal and state taxes. ]]>