USA Mega

Kansas Powerball Jackpot Annuity Payout Schedule for May 17, 1997

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The tax information provided here is based on 2025 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 $11,000,000 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, May 17, 1997
Jackpot:$11,000,000
Federal Tax:37% marginal rate
State Tax: 5.7%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$196,131$39,918$11,179$145,033
2$203,976$42,335$11,627$150,014
3$212,135$44,946$12,092$155,097
4$220,621$47,662$12,575$160,384
5$229,446$50,486$13,078$165,882
6$238,623$53,423$13,602$171,599
7$248,168$56,477$14,146$177,546
8$258,095$59,881$14,711$183,503
9$268,419$63,494$15,300$189,625
10$279,156$67,252$15,912$195,992
11$290,322$71,160$16,548$202,614
12$301,935$75,224$17,210$209,500
13$314,012$79,452$17,899$216,662
14$326,573$83,848$18,615$224,110
15$339,636$88,420$19,359$231,857
16$353,221$93,175$20,134$239,913
17$367,350$98,120$20,939$248,291
18$382,044$103,263$21,776$257,005
19$397,326$108,611$22,648$266,067
20$413,219$114,174$23,553$275,491
21$429,747$119,959$24,496$285,293
22$446,937$125,975$25,475$295,487
23$464,815$132,232$26,494$306,088
24$483,407$138,740$27,554$317,113
25$502,744$145,508$28,656$328,580
26$522,853$152,546$29,803$340,505
27$543,768$159,866$30,995$352,907
28$565,518$167,479$32,235$365,805
29$588,139$175,396$33,524$379,219
30$611,665$183,630$34,865$393,170
Total$11,000,000$2,942,652$627,000$7,430,352

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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.