USA Mega

Kansas Powerball Jackpot Annuity Payout Schedule for Dec 28, 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 $203,800,000 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 money, as well as deductions claimed.

State:

Kansas

Drawing Date:Sat, Dec 28, 2019
Jackpot:$203,800,000
Federal Tax:37% marginal rate
State Tax: 5.7%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$3,067,482$1,090,926$174,846$1,801,710
2$3,220,857$1,147,674$183,589$1,889,594
3$3,381,899$1,207,260$192,768$1,981,871
4$3,550,994$1,269,825$202,407$2,078,763
5$3,728,544$1,335,519$212,527$2,180,498
6$3,914,971$1,404,497$223,153$2,287,321
7$4,110,720$1,476,924$234,311$2,399,485
8$4,316,256$1,552,972$246,027$2,517,257
9$4,532,069$1,632,823$258,328$2,640,918
10$4,758,672$1,716,666$271,244$2,770,762
11$4,996,606$1,804,701$284,807$2,907,098
12$5,246,436$1,897,139$299,047$3,050,251
13$5,508,758$1,994,198$313,999$3,200,561
14$5,784,196$2,096,110$329,699$3,358,387
15$6,073,405$2,203,117$346,184$3,524,104
16$6,377,076$2,315,475$363,493$3,698,107
17$6,695,930$2,433,451$381,668$3,880,810
18$7,030,726$2,557,326$400,751$4,072,649
19$7,382,262$2,687,394$420,789$4,274,079
20$7,751,375$2,823,966$441,828$4,485,581
21$8,138,944$2,967,367$463,920$4,707,658
22$8,545,891$3,117,937$487,116$4,940,839
23$8,973,186$3,276,036$511,472$5,185,678
24$9,421,845$3,442,040$537,045$5,442,760
25$9,892,937$3,616,344$563,897$5,712,696
26$10,387,585$3,799,364$592,092$5,996,129
27$10,906,964$3,991,534$621,697$6,293,733
28$11,452,312$4,193,313$652,782$6,606,217
29$12,024,927$4,405,180$685,421$6,934,326
30$12,626,174$4,627,642$719,692$7,278,840
Total$203,800,000$74,084,720$11,616,599$118,098,682

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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.