USA Mega

Kansas Powerball Jackpot Annuity Payout Schedule for Jun 10, 2017

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The tax information provided here is based on 2022 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 $447,800,000 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 prize money, as well as deductions claimed.

State:

Kansas

Drawing Date:Sat, Jun 10, 2017
Jackpot:$447,800,000
Federal Tax:37% marginal rate
State Tax: 5.7%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$6,740,033$2,456,767$384,182$3,899,084
2$7,077,034$2,581,458$403,391$4,092,186
3$7,430,886$2,712,383$423,560$4,294,943
4$7,802,430$2,849,854$444,739$4,507,838
5$8,192,552$2,994,199$466,975$4,731,377
6$8,602,179$3,145,761$490,324$4,966,094
7$9,032,289$3,304,902$514,840$5,212,546
8$9,483,903$3,471,999$540,582$5,471,321
9$9,958,098$3,647,451$567,612$5,743,035
10$10,456,003$3,831,676$595,992$6,028,335
11$10,978,803$4,025,112$625,792$6,327,899
12$11,527,743$4,228,220$657,081$6,642,442
13$12,104,130$4,441,483$689,935$6,972,712
14$12,709,337$4,665,410$724,432$7,319,495
15$13,344,804$4,900,532$760,654$7,683,617
16$14,012,044$5,147,411$798,687$8,065,946
17$14,712,646$5,406,634$838,621$8,467,391
18$15,448,278$5,678,818$880,552$8,888,908
19$16,220,692$5,964,611$924,579$9,331,502
20$17,031,727$6,264,694$970,808$9,796,224
21$17,883,313$6,579,781$1,019,349$10,284,183
22$18,777,479$6,910,622$1,070,316$10,796,540
23$19,716,353$7,258,006$1,123,832$11,334,515
24$20,702,170$7,622,758$1,180,024$11,899,388
25$21,737,279$8,005,748$1,239,025$12,492,506
26$22,824,143$8,407,888$1,300,976$13,115,279
27$23,965,350$8,830,135$1,366,025$13,769,191
28$25,163,617$9,273,493$1,434,326$14,455,798
29$26,421,798$9,739,020$1,506,042$15,176,735
30$27,742,888$10,227,824$1,581,345$15,933,720
Total$447,800,001$164,574,650$25,524,598$257,700,750

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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.