USA Mega

Kansas Powerball Jackpot Annuity Payout Schedule for Mar 26, 1997

Media: You may freely use any information on this page, but you must credit usamega.com.

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 $52,900,000 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, Mar 26, 1997
Jackpot:$52,900,000
Federal Tax:37% marginal rate
State Tax: 5.7%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$943,212$304,946$53,763$584,503
2$980,941$318,905$55,914$606,122
3$1,020,178$333,423$58,150$628,605
4$1,060,985$348,522$60,476$651,987
5$1,103,425$364,224$62,895$676,305
6$1,147,562$380,555$65,411$701,596
7$1,193,464$397,539$68,027$727,898
8$1,241,203$415,202$70,749$755,252
9$1,290,851$433,572$73,579$783,700
10$1,342,485$452,677$76,522$813,287
11$1,396,185$472,546$79,583$844,056
12$1,452,032$493,209$82,766$876,057
13$1,510,113$514,699$86,076$909,338
14$1,570,518$537,049$89,520$943,949
15$1,633,338$560,292$93,100$979,946
16$1,698,672$584,466$96,824$1,017,382
17$1,766,619$609,606$100,697$1,056,315
18$1,837,284$635,752$104,725$1,096,806
19$1,910,775$662,944$108,914$1,138,917
20$1,987,206$691,223$113,271$1,182,712
21$2,066,694$720,634$117,802$1,228,259
22$2,149,362$751,221$122,514$1,275,627
23$2,235,336$783,032$127,414$1,324,891
24$2,324,750$816,115$132,511$1,376,124
25$2,417,740$850,521$137,811$1,429,408
26$2,514,449$886,304$143,324$1,484,822
27$2,615,027$923,517$149,057$1,542,453
28$2,719,629$962,220$155,019$1,602,390
29$2,828,414$1,002,470$161,220$1,664,724
30$2,941,550$1,044,331$167,668$1,729,551
Total$52,900,000$18,251,716$3,015,302$31,632,982

◄ Back to Jackpot Analysis

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.