USA Mega

Kansas Powerball Jackpot Annuity Payout Schedule for Oct 4, 2021

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The tax information provided here is based on 2025 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 $699,800,000 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:Mon, Oct 4, 2021
Jackpot:$699,800,000
Federal Tax:37% marginal rate
State Tax: 5.7%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$10,532,994$3,854,228$600,381$6,078,385
2$11,059,644$4,049,089$630,400$6,380,156
3$11,612,626$4,253,692$661,920$6,697,014
4$12,193,258$4,468,526$695,016$7,029,716
5$12,802,920$4,694,101$729,766$7,379,053
6$13,443,066$4,930,955$766,255$7,745,857
7$14,115,220$5,179,652$804,568$8,131,001
8$14,820,981$5,440,783$844,796$8,535,402
9$15,562,030$5,714,971$887,036$8,960,023
10$16,340,131$6,002,869$931,387$9,405,875
11$17,157,138$6,305,161$977,957$9,874,020
12$18,014,995$6,622,568$1,026,855$10,365,572
13$18,915,744$6,955,846$1,078,197$10,881,701
14$19,861,532$7,305,787$1,132,107$11,423,638
15$20,854,608$7,673,225$1,188,713$11,992,670
16$21,897,339$8,059,036$1,248,148$12,590,155
17$22,992,205$8,464,136$1,310,556$13,217,513
18$24,141,816$8,889,492$1,376,084$13,876,240
19$25,348,906$9,336,116$1,444,888$14,567,903
20$26,616,352$9,805,071$1,517,132$15,294,149
21$27,947,169$10,297,473$1,592,989$16,056,708
22$29,344,528$10,814,496$1,672,638$16,857,394
23$30,811,755$11,357,369$1,756,270$17,698,115
24$32,352,342$11,927,387$1,844,083$18,580,872
25$33,969,959$12,525,905$1,936,288$19,507,766
26$35,668,457$13,154,350$2,033,102$20,481,006
27$37,451,880$13,814,216$2,134,757$21,502,907
28$39,324,474$14,507,076$2,241,495$22,575,903
29$41,290,698$15,234,578$2,353,570$23,702,549
30$43,355,233$15,998,456$2,471,248$24,885,528
Total$699,800,001$257,636,610$39,888,602$402,274,791

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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.