USA Mega

Kansas Powerball Jackpot Annuity Payout Schedule for Nov 2, 2011

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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 $254,200,000 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, Nov 2, 2011
Jackpot:$254,200,000
Federal Tax:37% marginal rate
State Tax: 5.7%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$4,532,411$1,634,012$258,347$2,640,051
2$4,713,708$1,701,092$268,681$2,743,934
3$4,902,256$1,770,855$279,429$2,851,972
4$5,098,346$1,843,408$290,606$2,964,332
5$5,302,280$1,918,864$302,230$3,081,186
6$5,514,371$1,997,338$314,319$3,202,714
7$5,734,946$2,078,950$326,892$3,329,104
8$5,964,344$2,163,828$339,968$3,460,549
9$6,202,918$2,252,100$353,566$3,597,252
10$6,451,034$2,343,903$367,709$3,739,422
11$6,709,076$2,439,378$382,417$3,887,280
12$6,977,439$2,538,673$397,714$4,041,052
13$7,256,536$2,641,939$413,623$4,200,975
14$7,546,798$2,749,335$430,167$4,367,295
15$7,848,670$2,861,028$447,374$4,540,268
16$8,162,617$2,977,188$465,269$4,720,159
17$8,489,121$3,097,995$483,880$4,907,246
18$8,828,686$3,223,634$503,235$5,101,817
19$9,181,833$3,354,299$523,365$5,304,170
20$9,549,107$3,490,190$544,299$5,514,618
21$9,931,071$3,631,517$566,071$5,733,483
22$10,328,314$3,778,496$588,714$5,961,104
23$10,741,446$3,931,355$612,262$6,197,829
24$11,171,104$4,090,329$636,753$6,444,023
25$11,617,949$4,255,661$662,223$6,700,064
26$12,082,666$4,427,607$688,712$6,966,348
27$12,565,973$4,606,430$716,260$7,243,282
28$13,068,612$4,792,407$744,911$7,531,294
29$13,591,357$4,985,822$774,707$7,830,827
30$14,135,011$5,186,974$805,696$8,142,341
Total$254,200,000$92,764,607$14,489,399$146,945,991

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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.