USA Mega

Kansas Powerball Jackpot Annuity Payout Schedule for Oct 10, 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 $403,900,000 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:Mon, Oct 10, 2022
Jackpot:$403,900,000
Federal Tax:37% marginal rate
State Tax: 5.7%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$6,079,275$2,205,289$346,519$3,527,467
2$6,383,238$2,317,755$363,845$3,701,638
3$6,702,400$2,435,845$382,037$3,884,518
4$7,037,520$2,559,840$401,139$4,076,542
5$7,389,396$2,690,034$421,196$4,278,167
6$7,758,866$2,826,738$442,255$4,489,873
7$8,146,810$2,970,277$464,368$4,712,165
8$8,554,150$3,120,993$487,587$4,945,571
9$8,981,858$3,279,245$511,966$5,190,647
10$9,430,950$3,445,409$537,564$5,447,977
11$9,902,498$3,619,881$564,442$5,718,174
12$10,397,623$3,803,078$592,664$6,001,881
13$10,917,504$3,995,434$622,298$6,299,772
14$11,463,379$4,197,408$653,413$6,612,559
15$12,036,548$4,409,480$686,083$6,940,985
16$12,638,376$4,632,156$720,387$7,285,832
17$13,270,294$4,865,966$756,407$7,647,921
18$13,933,809$5,111,467$794,227$8,028,115
19$14,630,499$5,369,242$833,938$8,427,319
20$15,362,024$5,639,906$875,635$8,846,483
21$16,130,125$5,924,104$919,417$9,286,605
22$16,936,632$6,222,511$965,388$9,748,733
23$17,783,463$6,535,839$1,013,657$10,233,967
24$18,672,636$6,864,833$1,064,340$10,743,463
25$19,606,268$7,210,276$1,117,557$11,278,434
26$20,586,582$7,572,993$1,173,435$11,840,154
27$21,615,911$7,953,844$1,232,107$12,429,960
28$22,696,706$8,353,739$1,293,712$13,049,255
29$23,831,542$8,773,628$1,358,398$13,699,516
30$25,023,119$9,214,511$1,426,318$14,382,290
Total$403,900,001$148,121,721$23,022,299$232,755,983

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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.