USA Mega

Kansas Powerball Jackpot Annuity Payout Schedule for Sep 22, 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 $42,900,000 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:Sat, Sep 22, 2001
Jackpot:$42,900,000
Federal Tax:37% marginal rate
State Tax: 5.7%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$764,911$238,974$43,600$482,337
2$795,508$250,295$45,344$499,869
3$827,328$262,069$47,158$518,102
4$860,421$274,313$49,044$537,064
5$894,838$287,047$51,006$556,785
6$930,631$300,291$53,046$577,295
7$967,857$314,064$55,168$598,625
8$1,006,571$328,389$57,375$620,808
9$1,046,834$343,286$59,670$643,879
10$1,088,707$358,779$62,056$667,872
11$1,132,256$374,892$64,539$692,825
12$1,177,546$391,649$67,120$718,776
13$1,224,648$409,077$69,805$745,766
14$1,273,633$427,202$72,597$773,835
15$1,324,579$446,051$75,501$803,026
16$1,377,562$465,655$78,521$833,386
17$1,432,664$486,043$81,662$864,959
18$1,489,971$507,247$84,928$897,796
19$1,549,570$529,298$88,325$931,946
20$1,611,553$552,232$91,859$967,462
21$1,676,015$576,083$95,533$1,004,399
22$1,743,055$600,888$99,354$1,042,813
23$1,812,778$626,685$103,328$1,082,764
24$1,885,289$653,514$107,461$1,124,313
25$1,960,700$681,416$111,760$1,167,524
26$2,039,128$710,435$116,230$1,212,463
27$2,120,693$740,614$120,880$1,259,200
28$2,205,521$772,000$125,715$1,307,806
29$2,293,742$804,642$130,743$1,358,357
30$2,385,492$838,589$135,973$1,410,929
Total$42,900,000$14,551,719$2,445,301$25,902,981

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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.