USA Mega

Kansas Powerball Jackpot Annuity Payout Schedule for Jan 4, 1997

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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 $10,400,000 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 4, 1997
Jackpot:$10,400,000
Federal Tax:37% marginal rate
State Tax: 5.7%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$185,433$37,102$10,570$137,761
2$192,850$38,882$10,992$142,976
3$200,564$40,733$11,432$148,399
4$208,587$43,204$11,889$153,494
5$216,930$45,874$12,365$158,692
6$225,608$48,650$12,860$164,098
7$234,632$51,538$13,374$169,720
8$244,017$54,542$13,909$175,567
9$253,778$57,665$14,465$181,648
10$263,929$61,144$15,044$187,741
11$274,486$64,839$15,646$194,001
12$285,466$68,682$16,272$200,512
13$296,884$72,679$16,922$207,283
14$308,760$76,835$17,599$214,325
15$321,110$81,158$18,303$221,649
16$333,954$85,653$19,035$229,266
17$347,313$90,329$19,797$237,187
18$361,205$95,191$20,589$245,425
19$375,653$100,248$21,412$253,993
20$390,679$105,507$22,269$262,904
21$406,307$110,977$23,159$272,171
22$422,559$116,665$24,086$281,808
23$439,461$122,581$25,049$291,831
24$457,040$128,733$26,051$302,255
25$475,321$135,132$27,093$313,096
26$494,334$141,786$28,177$324,371
27$514,107$148,707$29,304$336,096
28$534,672$155,904$30,476$348,291
29$556,059$163,390$31,695$360,974
30$578,301$171,175$32,963$374,163
Total$10,400,000$2,715,505$592,797$7,091,697

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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.