USA Mega

Kansas Powerball Jackpot Annuity Payout Schedule for Sep 25, 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 $9,200,000 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:Wed, Sep 25, 1996
Jackpot:$9,200,000
Federal Tax:37% marginal rate
State Tax: 5.7%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$164,037$31,967$9,350$122,720
2$170,598$33,542$9,724$127,333
3$177,422$35,179$10,113$132,130
4$184,519$36,883$10,518$137,119
5$191,900$38,654$10,938$142,308
6$199,576$40,496$11,376$147,704
7$207,559$42,875$11,831$152,853
8$215,861$45,532$12,304$158,026
9$224,496$48,295$12,796$163,405
10$233,476$51,168$13,308$168,999
11$242,815$54,157$13,840$174,818
12$252,527$57,265$14,394$180,869
13$262,628$60,689$14,970$186,969
14$273,134$64,366$15,569$193,199
15$284,059$68,190$16,191$199,678
16$295,421$72,167$16,839$206,416
17$307,238$76,303$17,513$213,423
18$319,528$80,604$18,213$220,711
19$332,309$85,077$18,942$228,290
20$345,601$89,730$19,699$236,172
21$359,425$94,568$20,487$244,370
22$373,802$99,600$21,307$252,895
23$388,754$104,833$22,159$261,762
24$404,304$110,276$23,045$270,983
25$420,476$115,936$23,967$280,573
26$437,296$121,823$24,926$290,547
27$454,787$127,945$25,923$300,920
28$472,979$134,312$26,960$311,707
29$491,898$140,934$28,038$322,926
30$511,574$147,820$29,160$334,594
Total$9,200,000$2,311,186$524,400$6,364,419

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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.