USA Mega

Kansas Powerball Jackpot Annuity Payout Schedule for Aug 31, 2011

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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 $76,500,000 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, Aug 31, 2011
Jackpot:$76,500,000
Federal Tax:37% marginal rate
State Tax: 5.7%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$1,364,003$462,869$77,748$823,386
2$1,418,563$483,056$80,858$854,649
3$1,475,305$504,051$84,092$887,162
4$1,534,317$525,885$87,456$920,976
5$1,595,690$548,593$90,954$956,143
6$1,659,518$572,209$94,593$992,716
7$1,725,898$596,770$98,376$1,030,752
8$1,794,934$622,313$102,311$1,070,310
9$1,866,732$648,878$106,404$1,111,450
10$1,941,401$676,506$110,660$1,154,235
11$2,019,057$705,239$115,086$1,198,732
12$2,099,819$735,121$119,690$1,245,009
13$2,183,812$766,198$124,477$1,293,137
14$2,271,165$798,519$129,456$1,343,190
15$2,362,011$832,132$134,635$1,395,245
16$2,456,492$867,090$140,020$1,449,382
17$2,554,751$903,446$145,621$1,505,685
18$2,656,941$941,256$151,446$1,564,240
19$2,763,219$980,579$157,503$1,625,137
20$2,873,748$1,021,474$163,804$1,688,470
21$2,988,698$1,064,006$170,356$1,754,336
22$3,108,246$1,108,239$177,170$1,822,837
23$3,232,575$1,154,241$184,257$1,894,078
24$3,361,878$1,202,083$191,627$1,968,169
25$3,496,354$1,251,839$199,292$2,045,223
26$3,636,208$1,303,585$207,264$2,125,359
27$3,781,656$1,357,400$215,554$2,208,701
28$3,932,922$1,413,369$224,177$2,295,377
29$4,090,239$1,471,576$233,144$2,385,519
30$4,253,849$1,532,112$242,469$2,479,268
Total$76,500,000$27,050,634$4,360,500$45,088,873

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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.