USA Mega

Kansas Powerball Jackpot Annuity Payout Schedule for Jan 7, 1995

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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 $9,500,000 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:Sat, Jan 7, 1995
Jackpot:$9,500,000
Federal Tax:37% marginal rate
State Tax: 5.7%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$169,386$33,251$9,655$126,480
2$176,161$34,877$10,041$131,243
3$183,208$36,568$10,443$136,197
4$190,536$38,327$10,861$141,349
5$198,158$40,156$11,295$146,707
6$206,084$42,403$11,747$151,934
7$214,327$45,041$12,217$157,070
8$222,900$47,784$12,705$162,411
9$231,816$50,637$13,214$167,966
10$241,089$53,604$13,742$173,742
11$250,733$56,690$14,292$179,750
12$260,762$60,036$14,863$185,863
13$271,192$63,687$15,458$192,048
14$282,040$67,483$16,076$198,480
15$293,322$71,432$16,719$205,170
16$305,055$75,538$17,388$212,128
17$317,257$79,809$18,084$219,364
18$329,947$84,251$18,807$226,889
19$343,145$88,870$19,559$234,716
20$356,871$93,674$20,342$242,855
21$371,145$98,670$21,155$251,320
22$385,991$103,866$22,002$260,124
23$401,431$109,270$22,882$269,279
24$417,488$114,890$23,797$278,801
25$434,188$120,735$24,749$288,704
26$451,555$126,814$25,739$299,003
27$469,617$133,135$26,768$309,714
28$488,402$139,710$27,839$320,853
29$507,938$146,548$28,952$332,438
30$528,256$153,659$30,111$344,486
Total$9,500,000$2,411,415$541,502$6,547,084

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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.