USA Mega

Kansas Powerball Jackpot Annuity Payout Schedule for Dec 25, 2019

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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 $188,600,000 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:Wed, Dec 25, 2019
Jackpot:$188,600,000
Federal Tax:37% marginal rate
State Tax: 5.7%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$2,838,701$1,006,276$161,806$1,670,618
2$2,980,636$1,058,792$169,896$1,751,947
3$3,129,667$1,113,934$178,391$1,837,342
4$3,286,151$1,171,833$187,311$1,927,007
5$3,450,458$1,232,627$196,676$2,021,155
6$3,622,981$1,296,460$206,510$2,120,011
7$3,804,130$1,363,486$216,835$2,223,810
8$3,994,337$1,433,862$227,677$2,332,798
9$4,194,054$1,507,757$239,061$2,447,236
10$4,403,756$1,585,347$251,014$2,567,395
11$4,623,944$1,666,817$263,565$2,693,563
12$4,855,141$1,752,360$276,743$2,826,039
13$5,097,899$1,842,180$290,580$2,965,139
14$5,352,794$1,936,491$305,109$3,111,193
15$5,620,433$2,035,518$320,365$3,264,551
16$5,901,455$2,139,496$336,383$3,425,576
17$6,196,527$2,248,672$353,202$3,594,653
18$6,506,354$2,363,308$370,862$3,772,184
19$6,831,672$2,483,676$389,405$3,958,591
20$7,173,255$2,610,062$408,876$4,154,318
21$7,531,918$2,742,767$429,319$4,359,832
22$7,908,514$2,882,107$450,785$4,575,621
23$8,303,940$3,028,415$473,325$4,802,200
24$8,719,136$3,182,038$496,991$5,040,108
25$9,155,093$3,343,342$521,840$5,289,911
26$9,612,848$3,512,711$547,932$5,552,205
27$10,093,490$3,690,549$575,329$5,827,613
28$10,598,165$3,877,278$604,095$6,116,791
29$11,128,073$4,073,344$634,300$6,420,429
30$11,684,477$4,279,214$666,015$6,739,248
Total$188,600,000$68,460,719$10,750,198$109,389,084

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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.