"I felt like I was going out of my mind, I believe that decisions should be made that feel best for you and your mental health," said Voigt, who won the annual contest in September.
"Never compromise on your physical and mental health. Our health is our wealth," the beauty queen said she would give up her crown.
The Miss America organization, which organizes the pageant, announced that it supports her decision and will announce her successor.
The 24-year-old Venezuelan-American from Utah added that she will start a new chapter in her life and hopes to continue to inspire others.
The Miss America organization thanked Voigt and said on Instagram that the welfare of titleholders is a top priority. The organization stated that plans for the transfer of responsibilities to the successor are under review.
Savannah Gankiewicz of Hawaii was runner-up to Voigt in last year's pageant.
