USA Mega

Kansas Powerball Jackpot Annuity Payout Schedule for May 17, 2023

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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 $146,100,000 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, May 17, 2023
Jackpot:$146,100,000
Federal Tax:37% marginal rate
State Tax: 5.7%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$2,199,015$769,593$125,344$1,304,078
2$2,308,965$810,274$131,611$1,367,080
3$2,424,414$852,990$138,192$1,433,232
4$2,545,634$897,842$145,101$1,502,691
5$2,672,916$944,936$152,356$1,575,624
6$2,806,562$994,385$159,974$1,652,203
7$2,946,890$1,046,307$167,973$1,732,611
8$3,094,235$1,100,824$176,371$1,817,039
9$3,248,946$1,158,067$185,190$1,905,689
10$3,411,394$1,218,173$194,449$1,998,771
11$3,581,963$1,281,284$204,172$2,096,508
12$3,761,061$1,347,550$214,380$2,199,131
13$3,949,114$1,417,130$225,100$2,306,885
14$4,146,570$1,490,188$236,354$2,420,027
15$4,353,899$1,566,900$248,172$2,538,827
16$4,571,594$1,647,447$260,581$2,663,566
17$4,800,173$1,732,021$273,610$2,794,542
18$5,040,182$1,820,825$287,290$2,932,067
19$5,292,191$1,914,068$301,655$3,076,468
20$5,556,801$2,011,973$316,738$3,228,089
21$5,834,641$2,114,774$332,575$3,387,292
22$6,126,373$2,222,715$349,203$3,554,454
23$6,432,691$2,336,053$366,663$3,729,975
24$6,754,326$2,455,058$384,997$3,914,271
25$7,092,042$2,580,013$404,246$4,107,783
26$7,446,644$2,711,216$424,459$4,310,970
27$7,818,976$2,848,979$445,682$4,524,316
28$8,209,925$2,993,630$467,966$4,748,330
29$8,620,421$3,145,513$491,364$4,983,544
30$9,051,443$3,304,991$515,932$5,230,519
Total$146,100,000$52,735,719$8,327,700$85,036,582

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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.