USA Mega

Kansas Powerball Jackpot Annuity Payout Schedule for Nov 26, 2005

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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 $57,300,000 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, Nov 26, 2005
Jackpot:$57,300,000
Federal Tax:37% marginal rate
State Tax: 5.7%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$1,021,665$333,973$58,235$629,457
2$1,062,531$349,094$60,564$652,873
3$1,105,033$364,819$62,987$677,226
4$1,149,234$381,174$65,506$702,554
5$1,195,203$398,182$68,127$728,894
6$1,243,011$415,871$70,852$756,288
7$1,292,732$434,268$73,686$784,778
8$1,344,441$453,400$76,633$814,407
9$1,398,219$473,298$79,698$845,222
10$1,454,147$493,992$82,886$877,269
11$1,512,313$515,513$86,202$910,598
12$1,572,806$537,895$89,650$945,260
13$1,635,718$561,173$93,236$981,309
14$1,701,147$585,382$96,965$1,018,800
15$1,769,193$610,559$100,844$1,057,790
16$1,839,960$636,743$104,878$1,098,340
17$1,913,559$663,974$109,073$1,140,512
18$1,990,101$692,295$113,436$1,184,371
19$2,069,705$721,748$117,973$1,229,984
20$2,152,493$752,380$122,692$1,277,421
21$2,238,593$784,237$127,600$1,326,757
22$2,328,137$817,368$132,704$1,378,065
23$2,421,262$851,824$138,012$1,431,426
24$2,518,113$887,659$143,532$1,486,921
25$2,618,837$924,927$149,274$1,544,637
26$2,723,591$963,686$155,245$1,604,660
27$2,832,534$1,003,995$161,454$1,667,085
28$2,945,836$1,045,917$167,913$1,732,007
29$3,063,669$1,089,515$174,629$1,799,525
30$3,186,216$1,134,857$181,614$1,869,745
Total$57,300,000$19,879,718$3,266,100$34,154,181

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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.