USA Mega

Kansas Powerball Jackpot Annuity Payout Schedule for May 6, 2000

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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 $24,100,000 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 6, 2000
Jackpot:$24,100,000
Federal Tax:37% marginal rate
State Tax: 5.7%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$429,705$119,166$24,493$286,046
2$446,894$125,182$25,473$296,239
3$464,769$131,439$26,492$306,839
4$483,360$137,945$27,552$317,863
5$502,695$144,712$28,654$329,329
6$522,802$151,750$29,800$341,253
7$543,714$159,069$30,992$353,653
8$565,463$166,681$32,231$366,550
9$588,081$174,598$33,521$379,963
10$611,605$182,831$34,861$393,912
11$636,069$191,393$36,256$408,420
12$661,512$200,717$37,706$423,089
13$687,972$210,507$39,214$438,251
14$715,491$220,689$40,783$454,019
15$744,111$231,278$42,414$470,418
16$773,875$242,291$44,111$487,473
17$804,830$253,744$45,875$505,210
18$837,023$265,656$47,710$523,657
19$870,504$278,044$49,619$542,842
20$905,324$290,927$51,603$562,794
21$941,537$304,326$53,668$583,544
22$979,199$318,261$55,814$605,124
23$1,018,367$332,753$58,047$627,567
24$1,059,102$347,825$60,369$650,908
25$1,101,466$363,500$62,784$675,183
26$1,145,524$379,801$65,295$700,428
27$1,191,345$396,755$67,907$726,684
28$1,238,999$414,387$70,623$753,989
29$1,288,559$432,724$73,448$782,387
30$1,340,101$451,795$76,386$811,921
Total$24,100,000$7,620,746$1,373,701$15,105,555

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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.