USA Mega

Kansas Powerball Jackpot Annuity Payout Schedule for Mar 2, 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 $5,200,000 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, Mar 2, 1996
Jackpot:$5,200,000
Federal Tax:37% marginal rate
State Tax: 5.7%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$92,717$15,110$5,285$72,322
2$96,425$15,926$5,496$75,003
3$100,282$16,774$5,716$77,792
4$104,293$17,657$5,945$80,692
5$108,465$18,630$6,183$83,653
6$112,804$19,671$6,430$86,703
7$117,316$20,754$6,687$89,875
8$122,009$21,880$6,954$93,174
9$126,889$23,051$7,233$96,605
10$131,965$24,269$7,522$100,173
11$137,243$25,536$7,823$103,884
12$142,733$26,854$8,136$107,743
13$148,442$28,224$8,461$111,757
14$154,380$29,649$8,800$115,931
15$160,555$31,131$9,152$120,272
16$166,977$32,673$9,518$124,787
17$173,656$34,276$9,898$129,482
18$180,603$35,943$10,294$134,366
19$187,827$37,676$10,706$139,444
20$195,340$39,480$11,134$144,726
21$203,153$41,465$11,580$150,109
22$211,279$44,065$12,043$155,171
23$219,731$46,770$12,525$160,436
24$228,520$49,582$13,026$165,912
25$237,661$52,507$13,547$171,607
26$247,167$55,549$14,089$177,529
27$257,054$58,738$14,652$183,664
28$267,336$62,337$15,238$189,761
29$278,029$66,080$15,848$196,102
30$289,150$69,972$16,482$202,697
Total$5,200,000$1,062,229$296,403$3,841,372

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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.