Margin Protection Program payments in Michigan totaled $779,424 in 2019
In 2019, the top 10 percent of Margin Protection Program payment recipients were paid 69 percent of Margin Protection Program recipients.
Pct. of Recipients | Pct. of Payments | Number of Recipients | Total Payments 2019 | Payment per Recipient |
---|---|---|---|---|
Top 1% | 36% | 9 | $284,042 | $31,560 |
Top 2% | 55% | 18 | $427,088 | $23,727 |
Top 3% | 61% | 27 | $478,118 | $17,708 |
Top 4% | 64% | 37 | $502,304 | $13,576 |
Top 5% | 65% | 46 | $509,411 | $11,074 |
Top 6% | 66% | 55 | $515,127 | $9,366 |
Top 7% | 67% | 65 | $521,267 | $8,019 |
Top 8% | 68% | 74 | $526,758 | $7,118 |
Top 9% | 68% | 83 | $532,211 | $6,412 |
Top 10% | 69% | 93 | $538,239 | $5,788 |
Top 11% | 70% | 102 | $543,646 | $5,330 |
Top 12% | 70% | 111 | $549,014 | $4,946 |
Top 13% | 71% | 121 | $554,955 | $4,586 |
Top 14% | 72% | 130 | $560,280 | $4,310 |
Top 15% | 73% | 139 | $565,581 | $4,069 |
Top 16% | 73% | 148 | $570,864 | $3,857 |
Top 17% | 74% | 158 | $576,705 | $3,650 |
Top 18% | 75% | 167 | $581,949 | $3,485 |
Top 19% | 75% | 176 | $587,176 | $3,336 |
Top 20% | 76% | 186 | $592,967 | $3,188 |
Remaining 80% of recips. | 24% | 745 | $186,457 | $250 |