USA Mega

Kansas Powerball Jackpot Annuity Payout Schedule for Apr 6, 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 $247,500,000 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:Wed, Apr 6, 2022
Jackpot:$247,500,000
Federal Tax:37% marginal rate
State Tax: 5.7%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$3,725,230$1,334,292$212,338$2,178,600
2$3,911,492$1,403,209$222,955$2,285,328
3$4,107,066$1,475,572$234,103$2,397,392
4$4,312,420$1,551,553$245,808$2,515,059
5$4,528,040$1,631,332$258,098$2,638,610
6$4,754,443$1,715,101$271,003$2,768,338
7$4,992,165$1,803,058$284,553$2,904,553
8$5,241,773$1,895,413$298,781$3,047,579
9$5,503,862$1,992,386$313,720$3,197,755
10$5,779,055$2,094,207$329,406$3,355,441
11$6,068,007$2,201,120$345,876$3,521,011
12$6,371,408$2,313,378$363,170$3,694,859
13$6,689,978$2,431,249$381,329$3,877,400
14$7,024,477$2,555,014$400,395$4,069,068
15$7,375,701$2,684,967$420,415$4,270,319
16$7,744,486$2,821,417$441,436$4,481,633
17$8,131,710$2,964,690$463,507$4,703,513
18$8,538,296$3,115,127$486,683$4,936,486
19$8,965,211$3,273,085$511,017$5,181,108
20$9,413,471$3,438,942$536,568$5,437,962
21$9,884,145$3,613,091$563,396$5,707,658
22$10,378,352$3,795,947$591,566$5,990,838
23$10,897,270$3,987,947$621,144$6,288,178
24$11,442,133$4,189,546$652,202$6,600,385
25$12,014,240$4,401,226$684,812$6,928,202
26$12,614,952$4,623,489$719,052$7,272,410
27$13,245,699$4,856,866$755,005$7,633,828
28$13,907,984$5,101,911$792,755$8,013,318
29$14,603,383$5,359,209$832,393$8,411,781
30$15,333,553$5,629,372$874,012$8,830,168
Total$247,500,000$90,253,716$14,107,498$143,138,780

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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.