Margin Protection Program payments in Michigan totaled $14.5 million from 1995-2023.
From 1995 to 2023, the top 10 percent of Margin Protection Program payment recipients were paid 22 percent of Margin Protection Program recipients.
Pct. of Recipients | Pct. of Payments | Number of Recipients | Total Payments 1995-2023 | Payment per Recipient |
---|---|---|---|---|
Top 1% | 3% | 10 | $423,830 | $42,383 |
Top 2% | 5% | 20 | $748,856 | $37,443 |
Top 3% | 7% | 30 | $1,055,360 | $35,179 |
Top 4% | 9% | 40 | $1,355,886 | $33,897 |
Top 5% | 12% | 51 | $1,684,059 | $33,021 |
Top 6% | 14% | 61 | $1,980,506 | $32,467 |
Top 7% | 16% | 71 | $2,275,433 | $32,048 |
Top 8% | 18% | 81 | $2,568,038 | $31,704 |
Top 9% | 20% | 91 | $2,859,524 | $31,423 |
Top 10% | 22% | 102 | $3,178,828 | $31,165 |
Top 11% | 24% | 112 | $3,467,517 | $30,960 |
Top 12% | 26% | 122 | $3,754,708 | $30,776 |
Top 13% | 28% | 132 | $4,040,814 | $30,612 |
Top 14% | 30% | 142 | $4,325,772 | $30,463 |
Top 15% | 32% | 153 | $4,638,243 | $30,315 |
Top 16% | 34% | 163 | $4,921,114 | $30,191 |
Top 17% | 36% | 173 | $5,202,926 | $30,075 |
Top 18% | 38% | 183 | $5,483,565 | $29,965 |
Top 19% | 40% | 193 | $5,762,275 | $29,856 |
Top 20% | 42% | 204 | $6,065,611 | $29,733 |
Remaining 80% of recips. | 58% | 817 | $8,429,609 | $10,318 |