USA Mega

Missouri Powerball Jackpot Annuity Payout Schedule for May 23, 1992

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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 $5,500,000 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:Sat, May 23, 1992
Jackpot:$5,500,000
Federal Tax:37% marginal rate
State Tax: 4.7%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$98,066$16,286$4,609$77,170
2$101,988$17,149$4,793$80,045
3$106,068$18,054$4,985$83,028
4$110,310$19,072$5,185$86,053
5$114,723$20,131$5,392$89,199
6$119,312$21,233$5,608$92,471
7$124,084$22,378$5,832$95,874
8$129,048$23,569$6,065$99,413
9$134,209$24,808$6,308$103,093
10$139,578$26,097$6,560$106,921
11$145,161$27,437$6,823$110,902
12$150,967$28,830$7,095$115,042
13$157,006$30,279$7,379$119,347
14$163,286$31,787$7,674$123,825
15$169,818$33,354$7,981$128,482
16$176,611$34,985$8,301$133,325
17$183,675$36,680$8,633$138,362
18$191,022$38,443$8,978$143,601
19$198,663$40,277$9,337$149,049
20$206,609$42,571$9,711$154,328
21$214,874$45,216$10,099$159,559
22$223,469$47,966$10,503$165,000
23$232,407$50,826$10,923$170,658
24$241,704$53,801$11,360$176,542
25$251,372$56,895$11,814$182,662
26$261,427$60,269$12,287$188,871
27$271,884$63,929$12,779$195,177
28$282,759$67,735$13,290$201,734
29$294,069$71,694$13,821$208,555
30$305,832$75,811$14,374$215,648
Total$5,500,000$1,147,562$258,499$4,093,936

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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.