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tennessee mega millions results

Tennessee Mega Millions Jackpot Annuity Payout Schedule for Jan 26, 2021

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The tax information provided here is based on 2021 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 $20,000,000 for a ticket purchased in Tennessee, 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 prize money, as well as deductions claimed.

Tennessee

Federal Filing Status:

Year Gross Payment Federal Taxes State Taxes Net Payment
1 $301,029 $79,904 $0 $221,124
2 $316,080 $85,172 $0 $230,908
3 $331,884 $90,704 $0 $241,180
4 $348,478 $96,512 $0 $251,967
5 $365,902 $102,610 $0 $263,292
6 $384,197 $109,013 $0 $275,184
7 $403,407 $115,737 $0 $287,670
8 $423,578 $122,796 $0 $300,781
9 $444,757 $130,209 $0 $314,547
10 $466,994 $137,992 $0 $329,002
11 $490,344 $146,165 $0 $344,179
12 $514,861 $154,746 $0 $360,116
13 $540,604 $164,096 $0 $376,508
14 $567,635 $174,097 $0 $393,537
15 $596,016 $184,598 $0 $411,418
16 $625,817 $195,625 $0 $430,192
17 $657,108 $207,202 $0 $449,906
18 $689,963 $219,359 $0 $470,605
19 $724,461 $232,123 $0 $492,338
20 $760,685 $245,526 $0 $515,159
21 $798,719 $259,598 $0 $539,121
22 $838,655 $274,374 $0 $564,280
23 $880,587 $289,890 $0 $590,698
24 $924,617 $306,180 $0 $618,436
25 $970,848 $323,286 $0 $647,562
26 $1,019,390 $341,247 $0 $678,143
27 $1,070,360 $360,105 $0 $710,254
28 $1,123,878 $379,907 $0 $743,971
29 $1,180,071 $400,699 $0 $779,373
30 $1,239,075 $422,530 $0 $816,545
Total $20,000,000 $6,352,002 $0 $13,647,996

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.

Mega Millions annuity chart shows the annual net payout a Tennessee jackpot winner would get after federal and state taxes.

Tennessee mega millions results

Pick one Set of 6 Numbers (Quick Pick may be used –see below)

  • 5 numbers from the upper area
  • 1 number from the lower area
The winning Number will be Drawn on the Days and Times shown for each game, above.
A “play” is one set of 6 numbers for one draw.

Always fill out a Playslip for a Set of Numbers. Play up to 5 Sets of Numbers per Playslip by
Picking one Set of Numbers in each Box, A thru E. Mistakes may be Voided (see VOID below).

2. Play Numbers for Multi-Draws

You may Play your Set/Sets of Numbers for up to 12 consecutive Draws for Tennessee Cash or
up to 10 consecutive draws for other games (Includes the next Draw). Be sure to mark MULTIDRAW if you want more than one Draw.

3. Quick Pick (QP)

You may choose to have the computer randomly Pick any Set of Numbers by marking ‘QP’ in either the upper and/or the lower areas of the box for that Set of Numbers. If you do not choose QP you must enter your own Numbers in that Box.

4. Multiplier

Costs $1 extra per Play (A Play is one Set of 6 numbers). By choosing the MULTIPLIER option, non-jackpot winners will be paid a multiple of the regular prize amount as described below. See Prize Chart. To select this option, check the appropriate MULTIPLIER area for any of this game:

Mega Millions Multiplier (Megaplier):

A Megaplier number of either 2, 3, 4 or 5 will be randomly selected for each draw. When a ticket with Megaplier wins a non-jackpot prize, the regular prize amount will be multiplied by the Megaplier number drawn. See Prize Chart for exceptions.

5. VOID

It is not a good idea to try to correct a mistake made on a Playslip. The better option is to mark Void in that section. All other Play Areas of the Playslip are still acceptable to Play and only the Area marked Void will not be played by the terminal.

The Magic Mile: Tennessee Mega Millions how-to and step-by-step game instructions and payouts. ]]>