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Montana Mega Millions Jackpot Annuity Payout Schedule for May 22, 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 $296,000,000 for a ticket purchased in Montana, 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:

Montana

Drawing Date:Fri, May 22, 2026
Jackpot:$296,000,000
Federal Tax:37% marginal rate
State Tax: 5.65%
Report:Mega Millions annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$4,455,225$1,604,390$251,720$2,599,114
2$4,677,986$1,686,812$264,306$2,726,868
3$4,911,885$1,773,355$277,522$2,861,009
4$5,157,480$1,864,225$291,398$3,001,857
5$5,415,353$1,959,638$305,967$3,149,748
6$5,686,121$2,059,822$321,266$3,305,033
7$5,970,427$2,165,015$337,329$3,468,083
8$6,268,949$2,275,468$354,196$3,639,285
9$6,582,396$2,391,444$371,905$3,819,047
10$6,911,516$2,513,218$390,501$4,007,797
11$7,257,092$2,641,081$410,026$4,205,985
12$7,619,946$2,775,337$430,527$4,414,082
13$8,000,944$2,916,306$452,053$4,632,584
14$8,400,991$3,064,324$474,656$4,862,011
15$8,821,040$3,219,742$498,389$5,102,909
16$9,262,092$3,382,931$523,308$5,355,853
17$9,725,197$3,554,280$549,474$5,621,443
18$10,211,457$3,734,196$576,947$5,900,313
19$10,722,030$3,923,108$605,795$6,193,127
20$11,258,131$4,121,466$636,084$6,500,581
21$11,821,038$4,329,741$667,889$6,823,408
22$12,412,090$4,548,430$701,283$7,162,376
23$13,032,694$4,778,054$736,347$7,518,293
24$13,684,329$5,019,159$773,165$7,892,005
25$14,368,545$5,272,319$811,823$8,284,403
26$15,086,973$5,538,137$852,414$8,696,422
27$15,841,321$5,817,246$895,035$9,129,040
28$16,633,387$6,110,310$939,786$9,583,290
29$17,465,056$6,418,028$986,776$10,060,253
30$18,338,309$6,741,132$1,036,114$10,561,063
Total$296,000,001$108,198,714$16,724,001$171,077,282

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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.