USA Mega

Kansas Powerball Jackpot Annuity Payout Schedule for Dec 18, 2021

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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 $352,200,000 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 18, 2021
Jackpot:$352,200,000
Federal Tax:37% marginal rate
State Tax: 5.7%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$5,301,115$1,917,370$302,164$3,081,582
2$5,566,171$2,015,441$317,272$3,233,459
3$5,844,480$2,118,415$333,135$3,392,930
4$6,136,704$2,226,538$349,792$3,560,374
5$6,443,539$2,340,067$367,282$3,736,190
6$6,765,716$2,459,272$385,646$3,920,798
7$7,104,002$2,584,438$404,928$4,114,636
8$7,459,202$2,715,862$425,175$4,318,165
9$7,832,162$2,853,857$446,433$4,531,872
10$8,223,770$2,998,752$468,755$4,756,263
11$8,634,959$3,150,892$492,193$4,991,874
12$9,066,706$3,310,639$516,802$5,239,266
13$9,520,042$3,478,373$542,642$5,499,027
14$9,996,044$3,654,493$569,775$5,771,776
15$10,495,846$3,839,420$598,263$6,058,163
16$11,020,638$4,033,593$628,176$6,358,869
17$11,571,670$4,237,475$659,585$6,674,610
18$12,150,254$4,451,551$692,564$7,006,138
19$12,757,766$4,676,331$727,193$7,354,243
20$13,395,655$4,912,350$763,552$7,719,753
21$14,065,437$5,160,169$801,730$8,103,538
22$14,768,709$5,420,380$841,816$8,506,513
23$15,507,145$5,693,601$883,907$8,929,637
24$16,282,502$5,980,483$928,103$9,373,916
25$17,096,627$6,281,709$974,508$9,840,410
26$17,951,459$6,597,997$1,023,233$10,330,229
27$18,849,031$6,930,099$1,074,395$10,844,538
28$19,791,483$7,278,806$1,128,115$11,384,562
29$20,781,057$7,644,948$1,184,520$11,951,588
30$21,820,110$8,029,398$1,243,746$12,546,966
Total$352,200,001$128,992,719$20,075,400$203,131,885

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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.