![]() ![]() The annuity payout calculator below shows a breakdown of the gross annuity value for the current jackpot, and the applicable federal and state tax for each year. The payouts are graduated so they increase 5 percent year-on-year. If you opt for the annuity payout you will receive the jackpot amount as a series of 30 annual payments over 29 years. you will be responsible for the difference between the 24 tax and the total amount you owe to the IRS. ![]()
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