USA Mega

Kansas Powerball Jackpot Annuity Payout Schedule for Oct 25, 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 $36,300,000 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:Sat, Oct 25, 1997
Jackpot:$36,300,000
Federal Tax:37% marginal rate
State Tax: 5.7%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$647,233$195,433$36,892$414,907
2$673,122$205,012$38,368$429,742
3$700,047$214,975$39,903$445,170
4$728,049$225,335$41,499$461,215
5$757,171$236,110$43,159$477,902
6$787,457$247,316$44,885$495,256
7$818,956$258,971$46,680$513,304
8$851,714$271,091$48,548$532,075
9$885,783$283,697$50,490$551,596
10$921,214$296,806$52,509$571,898
11$958,062$310,440$54,610$593,012
12$996,385$324,620$56,794$614,971
13$1,036,240$339,366$59,066$637,808
14$1,077,690$354,702$61,428$661,559
15$1,120,797$370,652$63,885$686,260
16$1,165,629$387,240$66,441$711,948
17$1,212,255$404,491$69,099$738,665
18$1,260,745$422,433$71,862$766,449
19$1,311,174$441,092$74,737$795,346
20$1,363,621$460,497$77,726$825,398
21$1,418,166$480,679$80,835$856,652
22$1,474,893$501,668$84,069$889,156
23$1,533,889$523,496$87,432$922,961
24$1,595,244$546,198$90,929$958,118
25$1,659,054$569,807$94,566$994,681
26$1,725,416$594,361$98,349$1,032,706
27$1,794,433$619,897$102,283$1,072,253
28$1,866,210$646,455$106,374$1,113,381
29$1,940,859$674,075$110,629$1,156,155
30$2,018,493$702,800$115,054$1,200,639
Total$36,300,000$12,109,715$2,069,101$22,121,183

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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.