USA Mega
Home of Mega Millions and Powerball, the USA's biggest multi-state lottery games.
Marketplace

Powerball Annuity Jackpot Analysis for Missouri

Media: You may freely use any information on this page, but you must credit www.usamega.com.

The Powerball annuity jackpot is awarded according to an increasing rate schedule, which increases the amount of the annuity payment every year.  The table below shows the payout schedule for a jackpot of $142,000,000 would be for a resident of Missouri, including taxes withheld.

Please note, the amounts shown are very close approximations to the amount a jackpot annuity winner would receive from the lottery every year.  They are not intended to specify the final tax burden, which may vary depending on how the winner chooses to invest or dispense their prize money.  (For example, if the winner gave all their fortune to charity, they may actually end up getting money back that was initially withheld, whereas someone who buys a new mansion and a fleet of new cars would probably end up owing more taxes than shown.)

State:

Missouri

Drawing Date:  Sat, Aug 27, 2016
Jackpot:$142,000,000
Federal Tax:  25%
State Tax:4.00%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$2,137,304$534,326$85,492$1,517,486
2$2,244,169$561,042$89,767$1,593,360
3$2,356,377$589,094$94,255$1,673,028
4$2,474,196$618,549$98,968$1,756,679
5$2,597,906$649,477$103,916$1,844,513
6$2,727,801$681,950$109,112$1,936,739
7$2,864,192$716,048$114,568$2,033,576
8$3,007,401$751,850$120,296$2,135,255
9$3,157,771$789,443$126,311$2,242,018
10$3,315,660$828,915$132,626$2,354,118
11$3,481,443$870,361$139,258$2,471,824
12$3,655,515$913,879$146,221$2,595,416
13$3,838,291$959,573$153,532$2,725,186
14$4,030,205$1,007,551$161,208$2,861,446
15$4,231,715$1,057,929$169,269$3,004,518
16$4,443,301$1,110,825$177,732$3,154,744
17$4,665,466$1,166,367$186,619$3,312,481
18$4,898,739$1,224,685$195,950$3,478,105
19$5,143,676$1,285,919$205,747$3,652,010
20$5,400,860$1,350,215$216,034$3,834,611
21$5,670,903$1,417,726$226,836$4,026,341
22$5,954,448$1,488,612$238,178$4,227,658
23$6,252,171$1,563,043$250,087$4,439,041
24$6,564,779$1,641,195$262,591$4,660,993
25$6,893,018$1,723,255$275,721$4,894,043
26$7,237,669$1,809,417$289,507$5,138,745
27$7,599,553$1,899,888$303,982$5,395,682
28$7,979,530$1,994,883$319,181$5,665,466
29$8,378,507$2,094,627$335,140$5,948,740
30$8,797,432$2,199,358$351,897$6,246,177
Total$142,000,000$35,500,000$5,680,000$100,820,000
<( Back )Powerball Jackpot Analysis
(Current Drawing)
Top ^



Accuracy Statement  |  Advertise  |  Privacy Policy  |  Site Map  |  Terms of Use
Copyright © 1999-2016 Speednet Group.  All rights reserved.