USA Mega

Kansas Powerball Jackpot Annuity Payout Schedule for Dec 14, 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 $77,700,000 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, Dec 14, 2011
Jackpot:$77,700,000
Federal Tax:37% marginal rate
State Tax: 5.7%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$1,385,399$468,555$78,968$837,876
2$1,440,815$489,059$82,126$869,630
3$1,498,447$510,383$85,411$902,653
4$1,558,385$532,560$88,828$936,997
5$1,620,721$555,624$92,381$972,716
6$1,685,549$579,611$96,076$1,009,863
7$1,752,971$604,557$99,919$1,048,495
8$1,823,090$630,501$103,916$1,088,673
9$1,896,014$657,482$108,073$1,130,459
10$1,971,854$685,543$112,396$1,173,915
11$2,050,729$714,727$116,892$1,219,110
12$2,132,758$745,078$121,567$1,266,113
13$2,218,068$776,642$126,430$1,314,996
14$2,306,791$809,470$131,487$1,365,834
15$2,399,062$843,610$136,747$1,418,705
16$2,495,025$879,116$142,216$1,473,692
17$2,594,826$916,043$147,905$1,530,878
18$2,698,619$954,446$153,821$1,590,351
19$2,806,564$994,386$159,974$1,652,204
20$2,918,826$1,035,923$166,373$1,716,530
21$3,035,579$1,079,122$173,028$1,783,430
22$3,157,002$1,124,048$179,949$1,853,005
23$3,283,282$1,170,772$187,147$1,925,364
24$3,414,614$1,219,364$194,633$2,000,616
25$3,551,198$1,269,901$202,418$2,078,879
26$3,693,246$1,322,458$210,515$2,160,273
27$3,840,976$1,377,118$218,936$2,244,922
28$3,994,615$1,433,965$227,693$2,332,957
29$4,154,400$1,493,085$236,801$2,424,514
30$4,320,576$1,554,570$246,273$2,519,733
Total$77,700,000$27,427,719$4,428,899$45,843,383

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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.