USA Mega

Kansas Powerball Jackpot Annuity Payout Schedule for Aug 4, 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 $211,700,000 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, Aug 4, 2021
Jackpot:$211,700,000
Federal Tax:37% marginal rate
State Tax: 5.7%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$3,186,389$1,134,921$181,624$1,869,844
2$3,345,708$1,193,869$190,705$1,961,134
3$3,512,994$1,255,765$200,241$2,056,988
4$3,688,643$1,320,755$210,253$2,157,635
5$3,873,075$1,388,995$220,765$2,263,315
6$4,066,729$1,460,647$231,804$2,374,279
7$4,270,066$1,535,882$243,394$2,490,790
8$4,483,569$1,614,878$255,563$2,613,128
9$4,707,748$1,697,824$268,342$2,741,582
10$4,943,135$1,784,917$281,759$2,876,459
11$5,190,292$1,876,365$295,847$3,018,080
12$5,449,806$1,972,386$310,639$3,166,782
13$5,722,297$2,073,207$326,171$3,322,919
14$6,008,411$2,179,069$342,479$3,486,862
15$6,308,832$2,290,225$359,603$3,659,003
16$6,624,274$2,406,938$377,584$3,839,752
17$6,955,487$2,529,487$396,463$4,029,537
18$7,303,262$2,658,164$416,286$4,228,812
19$7,668,425$2,793,274$437,100$4,438,050
20$8,051,846$2,935,140$458,955$4,657,750
21$8,454,438$3,084,099$481,903$4,888,436
22$8,877,160$3,240,506$505,998$5,130,655
23$9,321,018$3,404,734$531,298$5,384,986
24$9,787,069$3,577,173$557,863$5,652,033
25$10,276,422$3,758,233$585,756$5,932,433
26$10,790,244$3,948,347$615,044$6,226,852
27$11,329,756$4,147,967$645,796$6,535,993
28$11,896,243$4,357,567$678,086$6,860,590
29$12,491,056$4,577,648$711,990$7,201,418
30$13,115,608$4,808,732$747,590$7,559,286
Total$211,700,000$77,007,714$12,066,901$122,625,383

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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.