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Jackpot Analysis For Michigan MEGA Millions martes, 11/04/2006 Annuity Cash Jackpot Amount  $189,000,000  $107,300,000  Gross Prize  26 Annual Payments of $7,269,230  Lump-Sum Cash $107,300,000  Less 25% Federal Tax  -$1,817,307  -$26,825,000  Less 3.9% State Tax   -$283,499   -$4,184,700 Yearly Net Pay: $5,168,424  Total Pay After 26 payments: $134,379,024  Lump-Sum Net Payout: $76,290,300

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