USA Mega

Kansas Powerball Jackpot Annuity Payout Schedule for Sep 23, 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 $53,600,000 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, Sep 23, 2017
Jackpot:$53,600,000
Federal Tax:37% marginal rate
State Tax: 5.7%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$806,757$254,457$45,985$506,314
2$847,095$269,382$48,284$529,428
3$889,449$285,054$50,699$553,697
4$933,922$301,508$53,234$579,180
5$980,618$318,786$55,895$605,937
6$1,029,649$336,927$58,690$634,032
7$1,081,131$355,976$61,624$663,531
8$1,135,188$375,977$64,706$694,505
9$1,191,947$396,978$67,941$727,029
10$1,251,545$419,029$71,338$761,178
11$1,314,122$442,182$74,905$797,035
12$1,379,828$466,494$78,650$834,684
13$1,448,820$492,020$82,583$874,216
14$1,521,261$518,824$86,712$915,725
15$1,597,324$546,967$91,047$959,309
16$1,677,190$576,517$95,600$1,005,072
17$1,761,049$607,545$100,380$1,053,124
18$1,849,102$640,125$105,399$1,103,578
19$1,941,557$674,333$110,669$1,156,555
20$2,038,635$710,252$116,202$1,212,180
21$2,140,566$747,967$122,012$1,270,587
22$2,247,595$787,567$128,113$1,331,914
23$2,359,974$829,148$134,519$1,396,308
24$2,477,973$872,807$141,244$1,463,921
25$2,601,872$918,650$148,307$1,534,915
26$2,731,965$966,784$155,722$1,609,459
27$2,868,564$1,017,326$163,508$1,687,730
28$3,011,992$1,070,394$171,684$1,769,914
29$3,162,591$1,126,116$180,268$1,856,208
30$3,320,721$1,184,624$189,281$1,946,816
Total$53,600,000$18,510,716$3,055,201$32,034,081

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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.