USA Mega

Kansas Powerball Jackpot Annuity Payout Schedule for Aug 26, 1992

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The tax information provided here is based on 2026 federal marginal rates and state tax rates.  It shows the final federal and state tax burdens each year, not the amount initially withheld by the lottery.

The Powerball annuity jackpot is awarded according to an annually-increasing rate schedule, which increases the amount of the annuity payment every year.  The table below shows the payout schedule for a jackpot of $7,500,000 for a ticket purchased in Kansas, 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 exact final tax burden, which may vary depending on how the winner chooses to invest or dispense their money, as well as deductions claimed.

State:

Kansas

Drawing Date:Wed, Aug 26, 1992
Jackpot:$7,500,000
Federal Tax:37% marginal rate
State Tax: 5.7%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$133,726$24,692$7,622$101,411
2$139,075$25,976$7,927$105,172
3$144,638$27,311$8,244$109,082
4$150,423$28,700$8,574$113,150
5$156,440$30,144$8,917$117,379
6$162,698$31,645$9,274$121,779
7$169,206$33,207$9,645$126,354
8$175,974$34,832$10,031$131,112
9$183,013$36,521$10,432$136,060
10$190,333$38,278$10,849$141,206
11$197,947$40,105$11,283$146,559
12$205,865$42,333$11,734$151,798
13$214,099$44,968$12,204$156,928
14$222,663$47,708$12,692$162,263
15$231,570$50,558$13,199$167,812
16$240,833$53,522$13,727$173,583
17$250,466$56,605$14,277$179,584
18$260,484$59,939$14,848$185,698
19$270,904$63,586$15,442$191,877
20$281,740$67,378$16,059$198,303
21$293,010$71,323$16,702$204,985
22$304,730$75,425$17,370$211,936
23$316,919$79,691$18,064$219,164
24$329,596$84,128$18,787$226,681
25$342,780$88,742$19,538$234,499
26$356,491$93,541$20,320$242,630
27$370,751$98,532$21,133$251,086
28$385,581$103,722$21,978$259,880
29$401,004$109,121$22,857$269,026
30$417,044$114,735$23,772$278,538
Total$7,500,000$1,756,968$427,501$5,315,535

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Note: The Net Payment total above may be a few dollars off from the total after-tax annuity amount shown on the Jackpot Analysis page because the Jackpot Analysis page shows an average annual payment, whereas we calculate an exact payment here.