USA Mega

Missouri Powerball Jackpot Annuity Payout Schedule for Jan 15, 2025

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The tax information provided here is based on 2025 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 $303,000,000 for a ticket purchased in Missouri, 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:

Missouri

Drawing Date:Wed, Jan 15, 2025
Jackpot:$303,000,000
Federal Tax:37% marginal rate
State Tax: 4.7%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$4,560,585$1,644,437$214,347$2,701,801
2$4,788,614$1,728,807$225,065$2,834,742
3$5,028,045$1,817,397$236,318$2,974,330
4$5,279,447$1,910,416$248,134$3,120,897
5$5,543,419$2,008,085$260,541$3,274,793
6$5,820,590$2,110,639$273,568$3,436,384
7$6,111,620$2,218,320$287,246$3,606,054
8$6,417,201$2,331,385$301,608$3,784,208
9$6,738,061$2,450,103$316,689$3,971,269
10$7,074,964$2,574,757$332,523$4,167,684
11$7,428,712$2,705,644$349,149$4,373,919
12$7,800,148$2,843,075$366,607$4,590,466
13$8,190,155$2,987,378$384,937$4,817,840
14$8,599,663$3,138,896$404,184$5,056,583
15$9,029,646$3,297,989$424,393$5,307,263
16$9,481,128$3,465,038$445,613$5,570,478
17$9,955,185$3,640,439$467,894$5,846,852
18$10,452,944$3,824,610$491,288$6,137,046
19$10,975,591$4,017,989$515,853$6,441,749
20$11,524,371$4,221,037$541,645$6,761,688
21$12,100,589$4,434,238$568,728$7,097,623
22$12,705,619$4,658,099$597,164$7,450,355
23$13,340,900$4,893,153$627,022$7,820,724
24$14,007,945$5,139,960$658,373$8,209,611
25$14,708,342$5,399,107$691,292$8,617,943
26$15,443,759$5,671,211$725,857$9,046,691
27$16,215,947$5,956,921$762,150$9,496,877
28$17,026,744$6,256,916$800,257$9,969,572
29$17,878,081$6,571,910$840,270$10,465,901
30$18,771,986$6,902,655$882,283$10,987,047
Total$303,000,001$110,820,611$14,240,998$177,938,390

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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.