USA Mega

Kansas Powerball Jackpot Annuity Payout Schedule for Apr 23, 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 $17,200,000 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, Apr 23, 1997
Jackpot:$17,200,000
Federal Tax:37% marginal rate
State Tax: 5.7%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$306,678$76,106$17,481$213,091
2$318,945$80,400$18,180$220,365
3$331,703$84,865$18,907$227,930
4$344,971$89,509$19,663$235,798
5$358,770$94,339$20,450$243,981
6$373,120$99,361$21,268$252,491
7$388,045$104,585$22,119$261,342
8$403,567$110,018$23,003$270,546
9$419,710$115,668$23,923$280,119
10$436,498$121,544$24,880$290,074
11$453,958$127,655$25,876$300,428
12$472,116$134,010$26,911$311,196
13$491,001$140,620$27,987$322,394
14$510,641$147,494$29,107$334,041
15$531,067$154,643$30,271$346,153
16$552,309$162,077$31,482$358,750
17$574,402$169,810$32,741$371,851
18$597,378$177,851$34,051$385,476
19$621,273$186,215$35,413$399,645
20$646,124$195,023$36,829$414,272
21$671,969$204,586$38,302$429,081
22$698,847$214,531$39,834$444,482
23$726,801$224,874$41,428$460,500
24$755,873$235,630$43,085$477,158
25$786,108$246,817$44,808$494,483
26$817,553$258,452$46,600$512,500
27$850,255$270,551$48,465$531,239
28$884,265$283,135$50,403$550,727
29$919,635$296,222$52,419$570,994
30$956,421$309,833$54,516$592,072
Total$17,200,000$5,116,424$980,402$11,103,179

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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.