USA Mega

Kansas Powerball Jackpot Annuity Payout Schedule for Apr 28, 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 $116,900,000 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, Apr 28, 2021
Jackpot:$116,900,000
Federal Tax:37% marginal rate
State Tax: 5.7%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$1,759,513$606,977$100,292$1,052,244
2$1,847,488$639,528$105,307$1,102,654
3$1,939,863$673,706$110,572$1,155,584
4$2,036,856$709,594$116,101$1,211,161
5$2,138,699$747,276$121,906$1,269,517
6$2,245,634$786,842$128,001$1,330,791
7$2,357,915$828,386$134,401$1,395,128
8$2,475,811$872,007$141,121$1,462,683
9$2,599,602$917,810$148,177$1,533,615
10$2,729,582$965,903$155,586$1,608,093
11$2,866,061$1,016,400$163,365$1,686,296
12$3,009,364$1,069,422$171,534$1,768,408
13$3,159,832$1,125,095$180,110$1,854,627
14$3,317,824$1,183,552$189,116$1,945,156
15$3,483,715$1,244,932$198,572$2,040,211
16$3,657,901$1,309,381$208,500$2,140,020
17$3,840,796$1,377,052$218,925$2,244,819
18$4,032,835$1,448,106$229,872$2,354,857
19$4,234,477$1,522,714$241,365$2,470,398
20$4,446,201$1,601,052$253,433$2,591,716
21$4,668,511$1,683,306$266,105$2,719,100
22$4,901,937$1,769,674$279,410$2,852,852
23$5,147,034$1,860,360$293,381$2,993,293
24$5,404,385$1,955,580$308,050$3,140,755
25$5,674,604$2,055,561$323,452$3,295,591
26$5,958,335$2,160,541$339,625$3,458,169
27$6,256,252$2,270,770$356,606$3,628,875
28$6,569,064$2,386,511$374,437$3,808,116
29$6,897,517$2,508,039$393,158$3,996,320
30$7,242,393$2,635,643$412,816$4,193,934
Total$116,900,000$41,931,720$6,663,296$68,304,983

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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.