USA Mega

Kansas Powerball Jackpot Annuity Payout Schedule for Apr 23, 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 $74,000,000 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, Apr 23, 2011
Jackpot:$74,000,000
Federal Tax:37% marginal rate
State Tax: 5.7%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$1,319,427$445,208$75,207$799,012
2$1,372,204$464,736$78,216$829,253
3$1,427,093$485,045$81,344$860,704
4$1,484,176$506,165$84,598$893,413
5$1,543,543$528,131$87,982$927,430
6$1,605,285$550,976$91,501$962,808
7$1,669,497$574,734$95,161$999,601
8$1,736,276$599,443$98,968$1,037,866
9$1,805,727$625,139$102,926$1,077,662
10$1,877,957$651,864$107,044$1,119,049
11$1,953,075$679,658$111,325$1,162,092
12$2,031,198$708,563$115,778$1,206,856
13$2,112,446$738,625$120,409$1,253,411
14$2,196,944$769,889$125,226$1,301,828
15$2,284,821$802,404$130,235$1,352,182
16$2,376,214$836,219$135,444$1,404,550
17$2,471,263$871,387$140,862$1,459,013
18$2,570,113$907,962$146,496$1,515,655
19$2,672,918$946,000$152,356$1,574,562
20$2,779,834$985,559$158,451$1,635,825
21$2,891,028$1,026,701$164,789$1,699,539
22$3,006,669$1,069,488$171,380$1,765,801
23$3,126,936$1,113,986$178,235$1,834,714
24$3,252,013$1,160,265$185,365$1,906,383
25$3,382,094$1,208,395$192,779$1,980,919
26$3,517,377$1,258,450$200,491$2,058,437
27$3,658,072$1,310,507$208,510$2,139,055
28$3,804,395$1,364,647$216,851$2,222,898
29$3,956,571$1,420,952$225,525$2,310,095
30$4,114,834$1,479,509$234,546$2,400,780
Total$74,000,000$26,090,607$4,218,000$43,691,393

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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.