USA Mega

Kansas Powerball Jackpot Annuity Payout Schedule for Dec 19, 2022

Media: You may freely use any information on this page, but you must credit usamega.com.

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 $159,000,000 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, Dec 19, 2022
Jackpot:$159,000,000
Federal Tax:37% marginal rate
State Tax: 5.7%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$2,393,178$841,433$136,411$1,415,334
2$2,512,837$885,707$143,232$1,483,898
3$2,638,479$932,194$150,393$1,555,891
4$2,770,403$981,006$157,913$1,631,484
5$2,908,923$1,032,259$165,809$1,710,856
6$3,054,369$1,086,074$174,099$1,794,196
7$3,207,088$1,142,580$182,804$1,881,704
8$3,367,442$1,201,911$191,944$1,973,587
9$3,535,814$1,264,208$201,541$2,070,064
10$3,712,605$1,329,621$211,618$2,171,365
11$3,898,235$1,398,304$222,199$2,277,731
12$4,093,147$1,470,422$233,309$2,389,416
13$4,297,804$1,546,145$244,975$2,506,685
14$4,512,694$1,625,654$257,224$2,629,817
15$4,738,329$1,709,139$270,085$2,759,105
16$4,975,246$1,796,798$283,589$2,894,858
17$5,224,008$1,888,840$297,768$3,037,399
18$5,485,208$1,985,484$312,657$3,187,067
19$5,759,469$2,086,961$328,290$3,344,218
20$6,047,442$2,193,511$344,704$3,509,227
21$6,349,814$2,305,388$361,939$3,682,486
22$6,667,305$2,422,860$380,036$3,864,408
23$7,000,670$2,546,205$399,038$4,055,427
24$7,350,704$2,675,718$418,990$4,255,996
25$7,718,239$2,811,706$439,940$4,466,594
26$8,104,151$2,954,493$461,937$4,687,721
27$8,509,358$3,104,420$485,033$4,919,905
28$8,934,826$3,261,843$509,285$5,163,698
29$9,381,567$3,427,137$534,749$5,419,681
30$9,850,646$3,600,696$561,487$5,688,463
Total$159,000,000$57,508,717$9,062,998$92,428,281

◄ Back to Jackpot Analysis

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.