Mega Millions Jackpot Analysis

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Florida Mega Millions Next Jackpot: Tue. Jun. 18, 2019 $50 Million  Cash Value: $32.4 Million

Cash Option ($32.4 Million) Gross Cash Payment 25% Federal Withholding No State Withholding Lump-Sum Net Payment $32,400,000.00 -$8,100,000.00 -$0.00 $24,300,000.00  Annuity ($50 Million in 30 Annual Payments) Year Annual Gross Payment 25% Federal Withholding No State Withholding Annual Net Payment 1 $750,000.00 -$187,500.00 -$0.00 $562,500.00 2 $787,649.47 -$196,912.37 -$0.00 $590,737.10 3 $827,188.91 -$206,797.23 -$0.00 $620,391.68 4 $868,713.20 -$217,178.30 -$0.00 $651,534.90 5 $912,321.99 -$228,080.50 -$0.00 $684,241.49 6 $958,119.90 -$239,529.98 -$0.00 $718,589.93 7 $1,006,216.84 -$251,554.21 -$0.00 $754,662.63 8 $1,056,728.21 -$264,182.05 -$0.00 $792,546.16 9 $1,109,775.22 -$277,443.80 -$0.00 $832,331.41 10 $1,165,485.14 -$291,371.29 -$0.00 $874,113.86 11 $1,223,991.67 -$305,997.92 -$0.00 $917,993.75 12 $1,285,435.18 -$321,358.80 -$0.00 $964,076.39 13 $1,349,963.11 -$337,490.78 -$0.00 $1,012,472.33 14 $1,417,730.30 -$354,432.58 -$0.00 $1,063,297.73 15 $1,488,899.35 -$372,224.84 -$0.00 $1,116,674.51 16 $1,563,641.04 -$390,910.26 -$0.00 $1,172,730.78 17 $1,642,134.71 -$410,533.68 -$0.00 $1,231,601.03 18 $1,724,568.70 -$431,142.18 -$0.00 $1,293,426.53 19 $1,811,140.83 -$452,785.21 -$0.00 $1,358,355.62 20 $1,902,058.81 -$475,514.70 -$0.00 $1,426,544.11 21 $1,997,540.81 -$499,385.20 -$0.00 $1,498,155.61 22 $2,097,815.94 -$524,453.98 -$0.00 $1,573,361.95 23 $2,203,124.80 -$550,781.20 -$0.00 $1,652,343.60 24 $2,313,720.10 -$578,430.03 -$0.00 $1,735,290.08 25 $2,429,867.21 -$607,466.80 -$0.00 $1,822,400.40 26 $2,551,844.81 -$637,961.20 -$0.00 $1,913,883.61 27 $2,679,945.61 -$669,986.40 -$0.00 $2,009,959.20 28 $2,814,476.97 -$703,619.24 -$0.00 $2,110,857.73 29 $2,955,761.71 -$738,940.43 -$0.00 $2,216,821.28 30 $3,104,138.85 -$776,034.71 -$0.00 $2,328,104.14   Total Gross Payment Total Federal Withholding Total State Withholding Total Annual Net Payment   $50,000,000.00 -$12,500,000.00 -$0.00 $37,500,000.00