USA Mega

Kansas Powerball Jackpot Annuity Payout Schedule for Sep 1, 2010

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 $34,700,000 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 1, 2010
Jackpot:$34,700,000
Federal Tax:37% marginal rate
State Tax: 5.7%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$618,704$185,316$35,266$398,122
2$643,453$194,035$36,677$412,741
3$669,191$203,558$38,144$427,489
4$695,958$213,462$39,670$442,827
5$723,797$223,762$41,256$458,778
6$752,749$234,474$42,907$475,368
7$782,858$245,615$44,623$492,621
8$814,173$257,201$46,408$510,564
9$846,740$269,251$48,264$529,225
10$880,609$281,783$50,195$548,632
11$915,834$294,816$52,203$568,815
12$952,467$308,370$54,291$589,806
13$990,566$322,467$56,462$611,637
14$1,030,188$337,127$58,721$634,341
15$1,071,396$352,374$61,070$657,953
16$1,114,252$368,230$63,512$682,509
17$1,158,822$384,721$66,053$708,048
18$1,205,175$401,872$68,695$734,608
19$1,253,382$419,708$71,443$762,230
20$1,303,517$438,259$74,300$790,958
21$1,355,658$457,551$77,272$820,835
22$1,409,884$477,614$80,363$851,906
23$1,466,279$498,481$83,578$884,221
24$1,524,930$520,182$86,921$917,828
25$1,585,928$542,750$90,398$952,779
26$1,649,365$566,222$94,014$989,129
27$1,715,339$590,633$97,774$1,026,932
28$1,783,953$616,020$101,685$1,066,248
29$1,855,311$642,422$105,753$1,107,136
30$1,929,523$669,881$109,983$1,149,660
Total$34,700,000$11,518,157$1,977,901$21,203,946

◄ 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.