USA Mega

Kansas Powerball Jackpot Annuity Payout Schedule for Oct 5, 2011

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

The tax information provided here is based on 2025 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 $60,200,000 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:Wed, Oct 5, 2011
Jackpot:$60,200,000
Federal Tax:37% marginal rate
State Tax: 5.7%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$1,073,372$354,168$61,182$658,022
2$1,116,307$370,054$63,629$682,624
3$1,160,959$386,575$66,175$708,209
4$1,207,397$403,757$68,822$734,819
5$1,255,693$421,627$71,575$762,492
6$1,305,921$440,211$74,438$791,273
7$1,358,158$459,539$77,415$821,204
8$1,412,484$479,639$80,512$852,333
9$1,468,984$500,544$83,732$884,707
10$1,527,743$522,285$87,081$918,376
11$1,588,853$544,896$90,565$953,392
12$1,652,407$568,411$94,187$989,809
13$1,718,503$592,866$97,955$1,027,682
14$1,787,243$618,300$101,873$1,067,070
15$1,858,733$644,751$105,948$1,108,034
16$1,933,082$672,261$110,186$1,150,636
17$2,010,406$700,870$114,593$1,194,942
18$2,090,822$730,624$119,177$1,241,021
19$2,174,455$761,568$123,944$1,288,942
20$2,261,433$793,750$128,902$1,338,781
21$2,351,890$827,220$134,058$1,390,613
22$2,445,966$862,028$139,420$1,444,518
23$2,543,804$898,228$144,997$1,500,580
24$2,645,557$935,876$150,797$1,558,884
25$2,751,379$975,030$156,829$1,619,520
26$2,861,434$1,015,751$163,102$1,682,581
27$2,975,891$1,058,100$169,626$1,748,165
28$3,094,927$1,102,143$176,411$1,816,373
29$3,218,724$1,147,948$183,467$1,887,309
30$3,347,473$1,195,585$190,806$1,961,082
Total$60,200,000$20,984,605$3,431,404$35,783,993

◄ 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.