USA Mega

Kansas Powerball Jackpot Annuity Payout Schedule for Jan 3, 2009

Media: You may freely use any information on this page, but you must credit usamega.com.

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 $91,000,000 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, Jan 3, 2009
Jackpot:$91,000,000
Federal Tax:37% marginal rate
State Tax: 5.7%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$1,622,539$556,297$92,485$973,758
2$1,687,441$580,310$96,184$1,010,946
3$1,754,938$605,284$100,031$1,049,622
4$1,825,136$631,257$104,033$1,089,846
5$1,898,141$658,269$108,194$1,131,678
6$1,974,067$686,362$112,522$1,175,183
7$2,053,029$715,578$117,023$1,220,429
8$2,135,151$745,963$121,704$1,267,484
9$2,220,557$777,563$126,572$1,316,422
10$2,309,379$810,427$131,635$1,367,317
11$2,401,754$844,606$136,900$1,420,248
12$2,497,824$880,152$142,376$1,475,296
13$2,597,737$917,120$148,071$1,532,546
14$2,701,647$955,567$153,994$1,592,086
15$2,809,713$995,551$160,154$1,654,008
16$2,922,101$1,037,135$166,560$1,718,407
17$3,038,985$1,080,382$173,222$1,785,381
18$3,160,545$1,125,359$180,151$1,855,035
19$3,286,966$1,172,135$187,357$1,927,474
20$3,418,445$1,220,782$194,851$2,002,812
21$3,555,183$1,271,375$202,645$2,081,162
22$3,697,390$1,323,992$210,751$2,162,647
23$3,845,286$1,378,713$219,181$2,247,391
24$3,999,097$1,435,623$227,949$2,335,525
25$4,159,061$1,494,810$237,066$2,427,185
26$4,325,423$1,556,364$246,549$2,522,510
27$4,498,440$1,620,380$256,411$2,621,649
28$4,678,378$1,686,957$266,668$2,724,753
29$4,865,513$1,756,197$277,334$2,831,982
30$5,060,134$1,828,207$288,428$2,943,499
Total$91,000,000$32,348,717$5,187,001$53,464,281

◄ Back to Jackpot Analysis

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.