USA Mega

Kansas Powerball Jackpot Annuity Payout Schedule for Jul 29, 2015

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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 $100,000,000 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:Wed, Jul 29, 2015
Jackpot:$100,000,000
Federal Tax:37% marginal rate
State Tax: 5.7%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$1,783,010$616,734$101,632$1,064,644
2$1,854,330$643,122$105,697$1,105,511
3$1,928,504$670,567$109,925$1,148,012
4$2,005,644$699,108$114,322$1,192,214
5$2,085,869$728,792$118,895$1,238,183
6$2,169,304$759,663$123,650$1,285,991
7$2,256,076$791,769$128,596$1,335,712
8$2,346,319$825,158$133,740$1,387,421
9$2,440,172$859,884$139,090$1,441,198
10$2,537,779$895,999$144,653$1,497,127
11$2,639,290$933,558$150,440$1,555,293
12$2,744,862$972,619$156,457$1,615,786
13$2,854,656$1,013,243$162,715$1,678,698
14$2,968,843$1,055,492$169,224$1,744,127
15$3,087,596$1,099,431$175,993$1,812,172
16$3,211,100$1,145,127$183,033$1,882,940
17$3,339,544$1,192,652$190,354$1,956,539
18$3,473,126$1,242,077$197,968$2,033,081
19$3,612,051$1,293,479$205,887$2,112,685
20$3,756,533$1,346,937$214,122$2,195,473
21$3,906,794$1,402,534$222,687$2,281,573
22$4,063,066$1,460,355$231,595$2,371,117
23$4,225,589$1,520,488$240,859$2,464,242
24$4,394,612$1,583,027$250,493$2,561,093
25$4,570,397$1,648,067$260,513$2,661,817
26$4,753,213$1,715,709$270,933$2,766,571
27$4,943,341$1,786,056$281,770$2,875,514
28$5,141,075$1,859,218$293,041$2,988,816
29$5,346,718$1,935,306$304,763$3,106,649
30$5,560,586$2,014,437$316,953$3,229,196
Total$100,000,000$35,710,608$5,700,000$58,589,395

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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.