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What is a lottery annuity calculator?

The lottery annuity calculator helps you estimate the yearly annuity payouts and any applied taxes for a given lottery jackpot.

How to calculate payout annuity?

To keep it simple, let's assume you would like to compute how many annuity payments you can receive from 100 000 dollars at the end of each month over the following ten years with an annuity rate of 5 percent. To do so, you need to use the payout annuity formula with the following variables: a = PV / (1 - (1 + i / k)⁻ⁿ×ᵏ) / (i / k), where:

What happens if I choose the annuity payments option?

If you choose the annuity payments option, you'll get 100% of your jackpot! Your Mega Millions payout amount for every annuity will increase by 5% annually until the entire amount paid out.

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