USA Mega

Kansas Powerball Jackpot Annuity Payout Schedule for Sep 30, 2009

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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 $171,500,000 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:Wed, Sep 30, 2009
Jackpot:$171,500,000
Federal Tax:37% marginal rate
State Tax: 5.7%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$3,057,862$1,087,366$174,298$1,796,198
2$3,180,176$1,132,623$181,270$1,866,284
3$3,307,384$1,179,689$188,521$1,939,174
4$3,439,679$1,228,638$196,062$2,014,979
5$3,577,266$1,279,546$203,904$2,093,816
6$3,720,357$1,332,489$212,060$2,175,807
7$3,869,171$1,387,551$220,543$2,261,078
8$4,023,938$1,444,814$229,364$2,349,759
9$4,184,895$1,504,369$238,539$2,441,988
10$4,352,291$1,566,305$248,081$2,537,906
11$4,526,383$1,630,719$258,004$2,637,660
12$4,707,438$1,697,709$268,324$2,741,405
13$4,895,736$1,767,379$279,057$2,849,299
14$5,091,565$1,839,836$290,219$2,961,509
15$5,295,228$1,915,191$301,828$3,078,208
16$5,507,037$1,993,561$313,901$3,199,575
17$5,727,318$2,075,065$326,457$3,325,796
18$5,956,411$2,159,829$339,515$3,457,066
19$6,194,667$2,247,984$353,096$3,593,587
20$6,442,454$2,339,665$367,220$3,735,569
21$6,700,152$2,435,014$381,909$3,883,230
22$6,968,158$2,534,176$397,185$4,036,797
23$7,246,885$2,637,305$413,072$4,196,508
24$7,536,760$2,744,558$429,595$4,362,606
25$7,838,230$2,856,102$446,779$4,535,349
26$8,151,760$2,972,108$464,650$4,715,001
27$8,477,830$3,092,754$483,236$4,901,839
28$8,816,943$3,218,226$502,566$5,096,151
29$9,169,621$3,348,717$522,668$5,298,236
30$9,536,406$3,484,427$543,575$5,508,403
Total$171,500,000$62,133,715$9,775,498$99,590,783

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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.