USA Mega

Kansas Powerball Jackpot Annuity Payout Schedule for May 11, 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 $65,200,000 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, May 11, 2011
Jackpot:$65,200,000
Federal Tax:37% marginal rate
State Tax: 5.7%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$1,162,522$387,154$66,264$709,105
2$1,209,023$404,359$68,914$735,750
3$1,257,384$422,252$71,671$763,461
4$1,307,680$440,862$74,538$792,280
5$1,359,987$460,215$77,519$822,252
6$1,414,386$480,343$80,620$853,423
7$1,470,962$501,276$83,845$885,841
8$1,529,800$523,046$87,199$919,555
9$1,590,992$545,687$90,687$954,618
10$1,654,632$569,234$94,314$991,084
11$1,720,817$593,723$98,087$1,029,008
12$1,789,650$619,191$102,010$1,068,449
13$1,861,236$645,678$106,090$1,109,468
14$1,935,685$673,224$110,334$1,152,127
15$2,013,113$701,872$114,747$1,196,493
16$2,093,637$731,666$119,337$1,242,634
17$2,177,383$762,652$124,111$1,290,620
18$2,264,478$794,877$129,075$1,340,526
19$2,355,057$828,391$134,238$1,392,428
20$2,449,259$863,246$139,608$1,446,405
21$2,547,230$899,495$145,192$1,502,542
22$2,649,119$937,194$151,000$1,560,925
23$2,755,084$976,401$157,040$1,621,643
24$2,865,287$1,017,177$163,321$1,684,789
25$2,979,899$1,059,583$169,854$1,750,462
26$3,099,095$1,103,685$176,648$1,818,761
27$3,223,058$1,149,552$183,714$1,889,792
28$3,351,981$1,197,253$191,063$1,963,665
29$3,486,060$1,246,862$198,705$2,040,492
30$3,625,502$1,298,456$206,654$2,120,393
Total$65,200,000$22,834,606$3,716,399$38,648,991

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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.