USA Mega

Kansas Powerball Jackpot Annuity Payout Schedule for Feb 14, 2001

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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 $68,900,000 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, Feb 14, 2001
Jackpot:$68,900,000
Federal Tax:37% marginal rate
State Tax: 5.7%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$1,228,494$410,500$70,024$747,970
2$1,277,634$428,682$72,825$776,127
3$1,328,739$447,591$75,738$805,410
4$1,381,888$467,256$78,768$835,865
5$1,437,164$487,708$81,918$867,538
6$1,494,651$508,978$85,195$900,478
7$1,554,437$531,099$88,603$934,735
8$1,616,614$554,104$92,147$970,363
9$1,681,279$578,030$95,833$1,007,415
10$1,748,530$602,913$99,666$1,045,950
11$1,818,471$628,792$103,653$1,086,027
12$1,891,210$655,705$107,799$1,127,706
13$1,966,858$683,695$112,111$1,171,053
14$2,045,533$712,804$116,595$1,216,133
15$2,127,354$743,078$121,259$1,263,016
16$2,212,448$774,563$126,110$1,311,775
17$2,300,946$807,307$131,154$1,362,485
18$2,392,984$841,361$136,400$1,415,222
19$2,488,703$876,777$141,856$1,470,070
20$2,588,251$913,610$147,530$1,527,111
21$2,691,781$951,916$153,432$1,586,433
22$2,799,453$991,755$159,569$1,648,129
23$2,911,431$1,033,187$165,952$1,712,292
24$3,027,888$1,076,276$172,590$1,779,022
25$3,149,003$1,121,088$179,493$1,848,422
26$3,274,963$1,167,694$186,673$1,920,597
27$3,405,962$1,216,163$194,140$1,995,659
28$3,542,201$1,266,571$201,905$2,073,724
29$3,683,889$1,318,996$209,982$2,154,911
30$3,831,244$1,373,518$218,381$2,239,346
Total$68,900,000$24,171,717$3,927,301$40,800,984

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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.