USA Mega

Kansas Powerball Jackpot Annuity Payout Schedule for Apr 17, 2023

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 $237,200,000 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, Apr 17, 2023
Jackpot:$237,200,000
Federal Tax:37% marginal rate
State Tax: 5.7%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$3,570,200$1,276,931$203,501$2,089,768
2$3,748,710$1,342,980$213,676$2,192,054
3$3,936,146$1,412,331$224,360$2,299,454
4$4,132,953$1,485,150$235,578$2,412,225
5$4,339,601$1,561,610$247,357$2,530,634
6$4,556,581$1,641,892$259,725$2,654,964
7$4,784,410$1,726,189$272,711$2,785,510
8$5,023,631$1,814,701$286,347$2,922,583
9$5,274,812$1,907,638$300,664$3,066,510
10$5,538,553$2,005,222$315,698$3,217,633
11$5,815,480$2,107,685$331,482$3,376,313
12$6,106,254$2,215,271$348,056$3,542,926
13$6,411,567$2,328,237$365,459$3,717,871
14$6,732,145$2,446,851$383,732$3,901,562
15$7,068,753$2,571,396$402,919$4,094,438
16$7,422,190$2,702,168$423,065$4,296,958
17$7,793,300$2,839,478$444,218$4,509,603
18$8,182,965$2,983,654$466,429$4,732,882
19$8,592,113$3,135,039$489,750$4,967,323
20$9,021,719$3,293,993$514,238$5,213,488
21$9,472,804$3,460,895$539,950$5,471,960
22$9,946,445$3,636,142$566,947$5,743,356
23$10,443,767$3,820,151$595,295$6,028,321
24$10,965,955$4,013,361$625,059$6,327,535
25$11,514,253$4,216,231$656,312$6,641,710
26$12,089,966$4,429,245$689,128$6,971,593
27$12,694,464$4,652,909$723,584$7,317,971
28$13,329,187$4,887,756$759,764$7,681,667
29$13,995,647$5,134,346$797,752$8,063,548
30$14,695,429$5,393,266$837,639$8,464,524
Total$237,200,000$86,442,718$13,520,395$137,236,884

◄ 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.