USA Mega

Kansas Powerball Jackpot Annuity Payout Schedule for Aug 11, 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 $85,600,000 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, Aug 11, 2001
Jackpot:$85,600,000
Federal Tax:37% marginal rate
State Tax: 5.7%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$1,526,256$520,672$86,997$918,588
2$1,587,307$543,261$90,476$953,570
3$1,650,799$566,753$94,096$989,951
4$1,716,831$591,185$97,859$1,027,787
5$1,785,504$616,594$101,774$1,067,137
6$1,856,924$643,019$105,845$1,108,060
7$1,931,201$670,502$110,078$1,150,621
8$2,008,449$699,084$114,482$1,194,884
9$2,088,787$728,809$119,061$1,240,918
10$2,172,339$759,723$123,823$1,288,793
11$2,259,232$791,873$128,776$1,338,583
12$2,349,602$825,310$133,927$1,390,365
13$2,443,586$860,084$139,284$1,444,217
14$2,541,329$896,249$144,856$1,500,224
15$2,642,982$933,861$150,650$1,558,472
16$2,748,702$972,977$156,676$1,619,049
17$2,858,650$1,013,658$162,943$1,682,049
18$2,972,996$1,055,966$169,461$1,747,569
19$3,091,916$1,099,966$176,239$1,815,710
20$3,215,592$1,145,726$183,289$1,886,577
21$3,344,216$1,193,317$190,620$1,960,278
22$3,477,985$1,242,812$198,245$2,036,928
23$3,617,104$1,294,286$206,175$2,116,643
24$3,761,788$1,347,819$214,422$2,199,547
25$3,912,260$1,403,493$222,999$2,285,768
26$4,068,750$1,461,395$231,919$2,375,436
27$4,231,500$1,521,612$241,195$2,468,692
28$4,400,760$1,584,238$250,843$2,565,678
29$4,576,790$1,649,370$260,877$2,666,544
30$4,759,862$1,717,106$271,312$2,771,444
Total$85,600,000$30,350,720$4,879,199$50,370,082

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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.