USA Mega

Kansas Powerball Jackpot Annuity Payout Schedule for May 13, 2000

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The tax information provided here is based on 2024 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 $35,100,000 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 13, 2000
Jackpot:$35,100,000
Federal Tax:37% marginal rate
State Tax: 5.7%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$625,836$189,747$35,673$400,417
2$650,870$199,010$37,100$414,761
3$676,905$208,643$38,584$429,679
4$703,981$218,661$40,127$445,193
5$732,140$229,080$41,732$461,329
6$761,426$239,915$43,401$478,109
7$791,883$251,184$45,137$495,561
8$823,558$262,904$46,943$513,711
9$856,500$275,093$48,821$532,587
10$890,760$287,769$50,773$552,218
11$926,391$300,952$52,804$572,634
12$963,447$314,663$54,916$593,867
13$1,001,984$328,922$57,113$615,949
14$1,042,064$343,751$59,398$638,915
15$1,083,746$359,174$61,774$662,799
16$1,127,096$375,213$64,244$687,638
17$1,172,180$391,894$66,814$713,471
18$1,219,067$409,243$69,487$740,338
19$1,267,830$427,285$72,266$768,279
20$1,318,543$446,049$75,157$797,337
21$1,371,285$465,563$78,163$827,558
22$1,426,136$485,858$81,290$858,988
23$1,483,182$506,965$84,541$891,675
24$1,542,509$528,916$87,923$925,670
25$1,604,209$551,745$91,440$961,024
26$1,668,378$575,487$95,098$997,793
27$1,735,113$600,179$98,901$1,036,032
28$1,804,517$625,859$102,857$1,075,801
29$1,876,698$652,566$106,972$1,117,160
30$1,951,766$680,341$111,251$1,160,174
Total$35,100,000$11,732,631$2,000,700$21,366,667

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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.