USA Mega

Kansas Powerball Jackpot Annuity Payout Schedule for Jan 31, 1996

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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 $9,300,000 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, Jan 31, 1996
Jackpot:$9,300,000
Federal Tax:37% marginal rate
State Tax: 5.7%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$165,820$32,395$9,452$123,973
2$172,453$33,987$9,830$128,636
3$179,351$35,642$10,223$133,486
4$186,525$37,364$10,632$138,529
5$193,986$39,155$11,057$143,774
6$201,745$41,017$11,499$149,229
7$209,815$43,597$11,959$154,259
8$218,208$46,282$12,438$159,487
9$226,936$49,076$12,935$164,925
10$236,013$51,980$13,453$170,580
11$245,454$55,001$13,991$176,462
12$255,272$58,143$14,551$182,579
13$265,483$61,688$15,133$188,662
14$276,102$65,405$15,738$194,959
15$287,146$69,271$16,367$201,509
16$298,632$73,291$17,022$208,320
17$310,578$77,471$17,703$215,403
18$323,001$81,819$18,411$222,770
19$335,921$86,342$19,147$230,432
20$349,358$91,044$19,913$238,400
21$363,332$95,935$20,710$246,687
22$377,865$101,022$21,538$255,305
23$392,980$106,312$22,400$264,268
24$408,699$111,814$23,296$273,589
25$425,047$117,536$24,228$283,284
26$442,049$123,486$25,197$293,366
27$459,731$129,675$26,205$303,851
28$478,120$136,111$27,253$314,756
29$497,245$142,805$28,343$326,097
30$517,135$149,766$29,477$337,892
Total$9,300,000$2,344,432$530,101$6,425,469

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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.