USA Mega

Kansas Powerball Jackpot Annuity Payout Schedule for Aug 19, 2017

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The tax information provided here is based on 2026 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 $541,900,000 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, Aug 19, 2017
Jackpot:$541,900,000
Federal Tax:37% marginal rate
State Tax: 5.7%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$8,156,373$2,973,815$464,913$4,717,644
2$8,564,191$3,124,708$488,159$4,951,324
3$8,992,401$3,283,146$512,567$5,196,688
4$9,442,021$3,449,505$538,195$5,454,321
5$9,914,122$3,624,182$565,105$5,724,835
6$10,409,828$3,807,594$593,360$6,008,874
7$10,930,320$4,000,176$623,028$6,307,116
8$11,476,836$4,202,386$654,180$6,620,270
9$12,050,677$4,414,708$686,889$6,949,081
10$12,653,211$4,637,645$721,233$7,294,333
11$13,285,872$4,871,730$757,295$7,656,847
12$13,950,165$5,117,518$795,159$8,037,487
13$14,647,674$5,375,596$834,917$8,437,160
14$15,380,057$5,646,578$876,663$8,856,816
15$16,149,060$5,931,109$920,496$9,297,454
16$16,956,513$6,229,867$966,521$9,760,125
17$17,804,339$6,543,563$1,014,847$10,245,929
18$18,694,556$6,872,943$1,065,590$10,756,023
19$19,629,283$7,218,792$1,118,869$11,291,622
20$20,610,748$7,581,934$1,174,813$11,854,001
21$21,641,285$7,963,233$1,233,553$12,444,499
22$22,723,349$8,363,596$1,295,231$13,064,522
23$23,859,517$8,783,978$1,359,992$13,715,546
24$25,052,492$9,225,379$1,427,992$14,399,121
25$26,305,117$9,688,850$1,499,392$15,116,875
26$27,620,373$10,175,495$1,574,361$15,870,517
27$29,001,392$10,686,472$1,653,079$16,661,840
28$30,451,461$11,222,998$1,735,733$17,492,730
29$31,974,034$11,786,350$1,822,520$18,365,164
30$33,572,736$12,377,870$1,913,646$19,281,221
Total$541,900,001$199,181,716$30,888,298$311,829,985

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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.