USA Mega

Kansas Powerball Jackpot Annuity Payout Schedule for Oct 29, 2011

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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 $209,200,000 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, Oct 29, 2011
Jackpot:$209,200,000
Federal Tax:37% marginal rate
State Tax: 5.7%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$3,730,057$1,336,078$212,613$2,181,365
2$3,879,259$1,391,283$221,118$2,266,858
3$4,034,429$1,448,696$229,962$2,355,771
4$4,195,807$1,508,406$239,161$2,448,240
5$4,363,639$1,570,504$248,727$2,544,408
6$4,538,184$1,635,085$258,677$2,644,422
7$4,719,712$1,702,251$269,024$2,748,438
8$4,908,500$1,772,102$279,785$2,856,613
9$5,104,840$1,844,748$290,976$2,969,116
10$5,309,034$1,920,300$302,615$3,086,119
11$5,521,395$1,998,873$314,720$3,207,802
12$5,742,251$2,080,590$327,308$3,334,353
13$5,971,941$2,165,575$340,401$3,465,965
14$6,210,819$2,253,960$354,017$3,602,842
15$6,459,251$2,345,880$368,177$3,745,194
16$6,717,621$2,441,477$382,904$3,893,240
17$6,986,326$2,540,898$398,221$4,047,208
18$7,265,779$2,644,296$414,149$4,207,334
19$7,556,411$2,751,829$430,715$4,373,866
20$7,858,667$2,863,664$447,944$4,547,059
21$8,173,014$2,979,972$465,862$4,727,180
22$8,499,934$3,100,933$484,496$4,914,505
23$8,839,932$3,226,732$503,876$5,109,324
24$9,193,529$3,357,563$524,031$5,311,935
25$9,561,270$3,493,627$544,992$5,522,650
26$9,943,721$3,635,134$566,792$5,741,795
27$10,341,470$3,782,301$589,464$5,969,705
28$10,755,128$3,935,355$613,042$6,206,731
29$11,185,334$4,094,531$637,564$6,453,239
30$11,632,747$4,260,074$663,067$6,709,607
Total$209,200,000$76,082,717$11,924,400$121,192,884

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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.