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Connecticut Mega Millions Jackpot Annuity Payout Schedule for Mar 6, 2026

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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 $496,000,000 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:Fri, Mar 6, 2026
Jackpot:$496,000,000
Federal Tax:37% marginal rate
State Tax: 6.99%
Report:Mega Millions annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$7,465,512$2,718,197$521,839$4,225,476
2$7,838,787$2,856,309$547,931$4,434,548
3$8,230,727$3,001,326$575,328$4,654,073
4$8,642,263$3,153,595$604,094$4,884,574
5$9,074,376$3,313,476$634,299$5,126,601
6$9,528,095$3,481,352$666,014$5,380,729
7$10,004,500$3,657,622$699,315$5,647,563
8$10,504,725$3,842,705$734,280$5,927,739
9$11,029,961$4,037,043$770,994$6,221,924
10$11,581,459$4,241,097$809,544$6,530,818
11$12,160,532$4,455,354$850,021$6,855,157
12$12,768,559$4,680,324$892,522$7,195,713
13$13,406,987$4,916,542$937,148$7,553,296
14$14,077,336$5,164,572$984,006$7,928,759
15$14,781,203$5,425,002$1,033,206$8,322,994
16$15,520,263$5,698,455$1,084,866$8,736,942
17$16,296,276$5,985,579$1,139,110$9,171,587
18$17,111,090$6,287,060$1,196,065$9,627,964
19$17,966,644$6,603,616$1,255,868$10,107,160
20$18,864,977$6,935,999$1,318,662$10,610,316
21$19,808,225$7,285,001$1,384,595$11,138,630
22$20,798,637$7,651,453$1,453,825$11,693,359
23$21,838,569$8,036,228$1,526,516$12,275,825
24$22,930,497$8,440,241$1,602,842$12,887,414
25$24,077,021$8,864,455$1,682,984$13,529,582
26$25,280,873$9,309,880$1,767,133$14,203,860
27$26,544,917$9,777,576$1,855,490$14,911,851
28$27,872,162$10,268,657$1,948,264$15,655,241
29$29,265,770$10,784,292$2,045,677$16,435,801
30$30,729,059$11,325,709$2,147,961$17,255,389
Total$496,000,001$182,198,717$34,670,399$279,130,885

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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.