USA Mega

Kansas Powerball Jackpot Annuity Payout Schedule for Jul 16, 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 $19,800,000 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, Jul 16, 1997
Jackpot:$19,800,000
Federal Tax:37% marginal rate
State Tax: 5.7%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$353,036$93,110$20,123$239,803
2$367,157$98,052$20,928$248,177
3$381,844$103,193$21,765$256,886
4$397,117$108,538$22,636$265,943
5$413,002$114,098$23,541$275,363
6$429,522$119,880$24,483$285,159
7$446,703$125,893$25,462$295,348
8$464,571$132,147$26,481$305,943
9$483,154$138,651$27,540$316,963
10$502,480$145,415$28,641$328,424
11$522,579$152,450$29,787$340,342
12$543,483$159,766$30,979$352,738
13$565,222$167,375$32,218$365,629
14$587,831$175,288$33,506$379,036
15$611,344$183,518$34,847$392,980
16$635,798$192,265$36,240$407,292
17$661,230$201,675$37,690$421,864
18$687,679$211,461$39,198$437,020
19$715,186$221,639$40,766$452,781
20$743,794$232,224$42,396$469,173
21$773,545$243,232$44,092$486,221
22$804,487$254,680$45,856$503,951
23$836,667$266,587$47,690$522,390
24$870,133$278,970$49,598$541,566
25$904,939$291,848$51,581$561,510
26$941,136$305,241$53,645$582,251
27$978,782$319,169$55,791$603,822
28$1,017,933$333,655$58,022$626,255
29$1,058,650$348,721$60,343$649,586
30$1,100,996$364,389$62,757$673,851
Total$19,800,000$6,083,130$1,128,602$12,588,267

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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.