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New Hampshire Mega Millions Jackpot Annuity Payout Schedule for Jan 22, 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 $970,000,000 for a ticket purchased in New Hampshire, 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.

New Hampshire

Federal Filing Status:

Year Gross Payment Federal Taxes State Taxes Net Payment
1 $14,599,892 $5,366,032 $0 $9,233,860
2 $15,329,887 $5,636,130 $0 $9,693,756
3 $16,096,381 $5,919,733 $0 $10,176,648
4 $16,901,200 $6,217,516 $0 $10,683,684
5 $17,746,260 $6,530,188 $0 $11,216,071
6 $18,633,573 $6,858,494 $0 $11,775,079
7 $19,565,252 $7,203,216 $0 $12,362,037
8 $20,543,515 $7,565,173 $0 $12,978,342
9 $21,570,690 $7,945,228 $0 $13,625,463
10 $22,649,225 $8,344,285 $0 $14,304,939
11 $23,781,686 $8,763,296 $0 $15,018,390
12 $24,970,770 $9,203,257 $0 $15,767,513
13 $26,219,309 $9,665,216 $0 $16,554,092
14 $27,530,274 $10,150,274 $0 $17,380,001
15 $28,906,788 $10,659,584 $0 $18,247,204
16 $30,352,127 $11,194,359 $0 $19,157,768
17 $31,869,733 $11,755,874 $0 $20,113,860
18 $33,463,220 $12,345,464 $0 $21,117,756
19 $35,136,381 $12,964,533 $0 $22,171,848
20 $36,893,200 $13,614,556 $0 $23,278,644
21 $38,737,860 $14,297,080 $0 $24,440,779
22 $40,674,753 $15,013,731 $0 $25,661,022
23 $42,708,491 $15,766,214 $0 $26,942,277
24 $44,843,915 $16,556,321 $0 $28,287,594
25 $47,086,111 $17,385,933 $0 $29,700,177
26 $49,440,417 $18,257,027 $0 $31,183,390
27 $51,912,438 $19,171,674 $0 $32,740,763
28 $54,508,059 $20,132,054 $0 $34,376,005
29 $57,233,462 $21,140,453 $0 $36,093,009
30 $60,095,136 $22,199,272 $0 $37,895,863
Total $970,000,002 $357,822,167 $0 $612,177,834

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 New Hampshire jackpot winner would get after federal and state taxes.