USA Mega

Connecticut Mega Millions Jackpot Annuity Payout Schedule for Oct 7, 2025

Media: You may freely use any information on this page, but you must credit usamega.com.

The tax information provided here is based on 2026 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 $547,000,000 for a ticket purchased in Connecticut, 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 money, as well as deductions claimed.

State:

Connecticut

Drawing Date:Tue, Oct 7, 2025
Jackpot:$547,000,000
Federal Tax:37% marginal rate
State Tax: 6.99%
Report:Mega Millions annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$8,233,135$3,002,217$575,496$4,655,422
2$8,644,792$3,154,530$604,271$4,885,991
3$9,077,031$3,314,459$634,484$5,128,088
4$9,530,883$3,482,384$666,209$5,382,290
5$10,007,427$3,658,705$699,519$5,649,203
6$10,507,798$3,843,843$734,495$5,929,461
7$11,033,189$4,038,237$771,220$6,223,732
8$11,584,848$4,242,351$809,781$6,532,716
9$12,164,090$4,456,671$850,270$6,857,150
10$12,772,295$4,681,706$892,783$7,197,805
11$13,410,909$4,917,994$937,423$7,555,493
12$14,081,455$5,166,096$984,294$7,931,066
13$14,785,528$5,426,602$1,033,508$8,325,417
14$15,524,804$5,700,135$1,085,184$8,739,486
15$16,301,044$5,987,344$1,139,443$9,174,258
16$17,116,097$6,288,913$1,196,415$9,630,768
17$17,971,901$6,605,561$1,256,236$10,110,105
18$18,870,496$6,938,041$1,319,048$10,613,408
19$19,814,021$7,287,145$1,385,000$11,141,876
20$20,804,722$7,653,704$1,454,250$11,696,768
21$21,844,958$8,038,592$1,526,963$12,279,404
22$22,937,206$8,442,723$1,603,311$12,891,172
23$24,084,066$8,867,062$1,683,476$13,533,528
24$25,288,269$9,312,617$1,767,650$14,208,002
25$26,552,683$9,780,450$1,856,033$14,916,200
26$27,880,318$10,271,675$1,948,834$15,659,809
27$29,274,333$10,787,461$2,046,276$16,440,597
28$30,738,050$11,329,036$2,148,590$17,260,424
29$32,274,952$11,897,690$2,256,019$18,121,244
30$33,888,700$12,494,776$2,368,820$19,025,104
Total$547,000,001$201,068,720$38,235,301$307,695,987

◄ Back to Jackpot Analysis

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.