USA Mega

Kansas Powerball Jackpot Annuity Payout Schedule for Jan 31, 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 $43,100,000 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 31, 2009
Jackpot:$43,100,000
Federal Tax:37% marginal rate
State Tax: 5.7%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$768,477$240,294$43,803$484,380
2$799,216$251,667$45,555$501,994
3$831,185$263,496$47,378$520,312
4$864,432$275,797$49,273$539,363
5$899,010$288,591$51,244$559,175
6$934,970$301,896$53,293$579,781
7$972,369$315,734$55,425$601,210
8$1,011,264$330,125$57,642$623,497
9$1,051,714$345,092$59,948$646,675
10$1,093,783$360,657$62,346$670,780
11$1,137,534$376,845$64,839$695,850
12$1,183,035$393,680$67,433$721,922
13$1,230,357$411,189$70,130$749,037
14$1,279,571$429,399$72,936$777,237
15$1,330,754$448,336$75,853$806,565
16$1,383,984$468,031$78,887$837,066
17$1,439,344$488,514$82,043$868,787
18$1,496,917$509,817$85,324$901,776
19$1,556,794$531,971$88,737$936,086
20$1,619,066$555,012$92,287$971,767
21$1,683,828$578,974$95,978$1,008,876
22$1,751,181$603,894$99,817$1,047,470
23$1,821,229$629,812$103,810$1,087,607
24$1,894,078$656,766$107,962$1,129,349
25$1,969,841$684,798$112,281$1,172,762
26$2,048,635$713,952$116,772$1,217,910
27$2,130,580$744,272$121,443$1,264,865
28$2,215,803$775,804$126,301$1,313,698
29$2,304,435$808,598$131,353$1,364,484
30$2,396,613$842,704$136,607$1,417,302
Total$43,100,000$14,625,717$2,456,700$26,017,583

◄ 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.