USA Mega

Kansas Powerball Jackpot Annuity Payout Schedule for Mar 20, 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 $205,300,000 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, Mar 20, 2021
Jackpot:$205,300,000
Federal Tax:37% marginal rate
State Tax: 5.7%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$3,090,060$1,099,279$176,133$1,814,647
2$3,244,563$1,156,445$184,940$1,903,177
3$3,406,791$1,216,470$194,187$1,996,134
4$3,577,130$1,279,495$203,896$2,093,738
5$3,755,987$1,345,672$214,091$2,196,223
6$3,943,786$1,415,158$224,796$2,303,832
7$4,140,976$1,488,118$236,036$2,416,822
8$4,348,024$1,564,726$247,837$2,535,461
9$4,565,425$1,645,165$260,229$2,660,032
10$4,793,697$1,729,625$273,241$2,790,831
11$5,033,382$1,818,308$286,903$2,928,170
12$5,285,051$1,911,426$301,248$3,072,377
13$5,549,303$2,009,199$316,310$3,223,793
14$5,826,768$2,111,862$332,126$3,382,781
15$6,118,107$2,219,657$348,732$3,549,718
16$6,424,012$2,332,842$366,169$3,725,002
17$6,745,213$2,451,686$384,477$3,909,050
18$7,082,473$2,576,472$403,701$4,102,300
19$7,436,597$2,707,498$423,886$4,305,213
20$7,808,427$2,845,075$445,080$4,518,271
21$8,198,848$2,989,531$467,334$4,741,983
22$8,608,790$3,141,210$490,701$4,976,880
23$9,039,230$3,300,472$515,236$5,223,522
24$9,491,191$3,467,698$540,998$5,482,495
25$9,965,751$3,643,285$568,048$5,754,418
26$10,464,039$3,827,652$596,450$6,039,937
27$10,987,241$4,021,236$626,273$6,339,732
28$11,536,603$4,224,500$657,586$6,654,516
29$12,113,433$4,437,927$690,466$6,985,040
30$12,719,104$4,662,026$724,989$7,332,090
Total$205,300,000$74,639,715$11,702,099$118,958,185

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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.