USA Mega

Kansas Powerball Jackpot Annuity Payout Schedule for Apr 20, 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 2024 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 $57,300,000 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, Apr 20, 2011
Jackpot:$57,300,000
Federal Tax:37% marginal rate
State Tax: 5.7%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$1,021,665$336,204$58,235$627,226
2$1,062,531$351,324$60,564$650,643
3$1,105,033$367,050$62,987$674,996
4$1,149,234$383,404$65,506$700,323
5$1,195,203$400,413$68,127$726,664
6$1,243,011$418,102$70,852$754,058
7$1,292,732$436,498$73,686$782,548
8$1,344,441$455,631$76,633$812,177
9$1,398,219$475,529$79,698$842,992
10$1,454,147$496,222$82,886$875,039
11$1,512,313$517,744$86,202$908,368
12$1,572,806$540,126$89,650$943,030
13$1,635,718$563,403$93,236$979,079
14$1,701,147$587,612$96,965$1,016,569
15$1,769,193$612,789$100,844$1,055,560
16$1,839,960$638,973$104,878$1,096,110
17$1,913,559$666,205$109,073$1,138,281
18$1,990,101$694,525$113,436$1,182,140
19$2,069,705$723,979$117,973$1,227,753
20$2,152,493$754,610$122,692$1,275,191
21$2,238,593$786,467$127,600$1,324,526
22$2,328,137$819,598$132,704$1,375,835
23$2,421,262$854,055$138,012$1,429,196
24$2,518,113$889,889$143,532$1,484,691
25$2,618,837$927,158$149,274$1,542,406
26$2,723,591$965,916$155,245$1,602,430
27$2,832,534$1,006,225$161,454$1,664,854
28$2,945,836$1,048,147$167,913$1,729,776
29$3,063,669$1,091,745$174,629$1,797,295
30$3,186,216$1,137,088$181,614$1,867,514
Total$57,300,000$19,946,631$3,266,100$34,087,270

◄ 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.