USA Mega

Kansas Powerball Jackpot Annuity Payout Schedule for Apr 13, 2002

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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 $21,500,000 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, Apr 13, 2002
Jackpot:$21,500,000
Federal Tax:37% marginal rate
State Tax: 5.7%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$383,347$102,941$21,851$258,556
2$398,681$108,308$22,725$267,649
3$414,628$113,889$23,634$277,105
4$431,213$119,694$24,579$286,940
5$448,462$125,731$25,562$297,169
6$466,400$132,009$26,585$307,806
7$485,056$138,539$27,648$318,869
8$504,459$145,330$28,754$330,375
9$524,637$152,392$29,904$342,341
10$545,623$159,737$31,100$354,785
11$567,447$167,376$32,345$367,727
12$590,145$175,320$33,638$381,187
13$613,751$183,582$34,984$395,185
14$638,301$192,175$36,383$409,743
15$663,833$201,576$37,838$424,419
16$690,387$211,400$39,352$439,634
17$718,002$221,618$40,926$455,458
18$746,722$232,244$42,563$471,914
19$776,591$243,296$44,266$489,029
20$807,655$254,789$46,036$506,829
21$839,961$266,743$47,878$525,340
22$873,559$279,174$49,793$544,592
23$908,502$292,103$51,785$564,614
24$944,842$305,549$53,856$585,437
25$982,635$319,532$56,010$607,093
26$1,021,941$334,075$58,251$629,615
27$1,062,818$349,200$60,581$653,038
28$1,105,331$364,930$63,004$677,397
29$1,149,544$381,289$65,524$702,732
30$1,195,526$398,302$68,145$729,079
Total$21,500,000$6,672,843$1,225,500$13,601,657

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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.