USA Mega

Kansas Powerball Jackpot Annuity Payout Schedule for Jul 9, 1994

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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 $15,900,000 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:Sat, Jul 9, 1994
Jackpot:$15,900,000
Federal Tax:37% marginal rate
State Tax: 5.7%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$283,499$67,994$16,159$199,345
2$294,839$71,963$16,806$206,070
3$306,632$76,090$17,478$213,064
4$318,897$80,383$18,177$220,337
5$331,653$84,848$18,904$227,901
6$344,919$89,491$19,660$235,768
7$358,716$94,320$20,447$243,949
8$373,065$99,342$21,265$252,458
9$387,987$104,565$22,115$261,307
10$403,507$109,997$23,000$270,510
11$419,647$115,646$23,920$280,082
12$436,433$121,521$24,877$290,036
13$453,890$127,631$25,872$300,388
14$472,046$133,985$26,907$311,154
15$490,928$140,594$27,983$322,351
16$510,565$147,467$29,102$333,996
17$530,988$154,615$30,266$346,106
18$552,227$162,049$31,477$358,701
19$574,316$169,780$32,736$371,800
20$597,289$177,820$34,045$385,423
21$621,180$186,182$35,407$399,591
22$646,028$194,987$36,824$414,217
23$671,869$204,549$38,297$429,023
24$698,743$214,492$39,828$444,423
25$726,693$224,834$41,422$460,438
26$755,761$235,589$43,078$477,094
27$785,991$246,774$44,802$494,416
28$817,431$258,407$46,594$512,431
29$850,128$270,505$48,457$531,166
30$884,133$283,087$50,396$550,651
Total$15,900,000$4,649,507$906,301$10,344,196

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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.