USA Mega

Kansas Powerball Jackpot Annuity Payout Schedule for Jun 3, 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 $12,000,000 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, Jun 3, 2000
Jackpot:$12,000,000
Federal Tax:37% marginal rate
State Tax: 5.7%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$213,961$44,924$12,196$156,842
2$222,520$47,662$12,684$162,174
3$231,420$50,511$13,191$167,719
4$240,677$53,473$13,719$173,486
5$250,304$56,553$14,267$179,484
6$260,317$59,880$14,838$185,598
7$270,729$63,524$15,432$191,773
8$281,558$67,315$16,049$198,195
9$292,821$71,256$16,691$204,873
10$304,533$75,356$17,358$211,819
11$316,715$79,619$18,053$219,043
12$329,383$84,053$18,775$226,555
13$342,559$88,665$19,526$234,368
14$356,261$93,461$20,307$242,494
15$370,512$98,448$21,119$250,944
16$385,332$103,635$21,964$259,733
17$400,745$109,030$22,842$268,873
18$416,775$114,641$23,756$278,378
19$433,446$120,475$24,706$288,264
20$450,784$126,544$25,695$298,546
21$468,815$132,855$26,722$309,238
22$487,568$139,418$27,791$320,359
23$507,071$146,244$28,903$331,924
24$527,353$153,343$30,059$343,951
25$548,448$160,726$31,262$356,460
26$570,386$168,404$32,512$369,469
27$593,201$176,390$33,812$382,999
28$616,929$184,694$35,165$397,070
29$641,606$193,352$36,572$411,683
30$667,270$202,847$38,034$426,389
Total$12,000,000$3,267,298$684,000$8,048,703

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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.