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Kansas Powerball Jackpot Annuity Payout Schedule for Jan 29, 2022

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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 $106,500,000 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, Jan 29, 2022
Jackpot:$106,500,000
Federal Tax:37% marginal rate
State Tax: 5.7%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$1,602,978$549,059$91,370$962,549
2$1,683,127$578,714$95,938$1,008,474
3$1,767,283$609,852$100,735$1,056,696
4$1,855,647$642,547$105,772$1,107,329
5$1,948,430$676,876$111,060$1,160,493
6$2,045,851$712,922$116,614$1,216,315
7$2,148,144$750,770$122,444$1,274,929
8$2,255,551$790,511$128,566$1,336,473
9$2,368,328$832,239$134,995$1,401,095
10$2,486,745$876,053$141,744$1,468,947
11$2,611,082$922,058$148,832$1,540,193
12$2,741,636$970,363$156,273$1,615,000
13$2,878,718$1,021,083$164,087$1,693,548
14$3,022,654$1,074,339$172,291$1,776,023
15$3,173,786$1,130,258$180,906$1,862,622
16$3,332,476$1,188,973$189,951$1,953,551
17$3,499,100$1,250,624$199,449$2,049,027
18$3,674,055$1,315,357$209,421$2,149,276
19$3,857,757$1,383,327$219,892$2,254,538
20$4,050,645$1,454,696$230,887$2,365,062
21$4,253,177$1,529,633$242,431$2,481,113
22$4,465,836$1,608,317$254,553$2,602,967
23$4,689,128$1,690,935$267,280$2,730,913
24$4,923,584$1,777,684$280,644$2,865,257
25$5,169,764$1,868,770$294,677$3,006,317
26$5,428,252$1,964,410$309,410$3,154,431
27$5,699,665$2,064,833$324,881$3,309,951
28$5,984,648$2,170,277$341,125$3,473,246
29$6,283,880$2,280,993$358,181$3,644,706
30$6,598,074$2,397,245$376,090$3,824,739
Total$106,500,000$38,083,718$6,070,499$62,345,780

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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.