USA Mega

Missouri Powerball Jackpot Annuity Payout Schedule for Feb 20, 1993

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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 $24,700,000 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, Feb 20, 1993
Jackpot:$24,700,000
Federal Tax:37% marginal rate
State Tax: 4.7%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$440,403$122,910$20,699$296,794
2$458,020$129,076$21,527$307,417
3$476,340$135,488$22,388$318,464
4$495,394$142,157$23,284$329,953
5$515,210$149,093$24,215$341,902
6$535,818$156,306$25,183$354,329
7$557,251$163,807$26,191$367,253
8$579,541$171,609$27,238$380,694
9$602,723$179,722$28,328$394,672
10$626,831$188,160$29,461$409,210
11$651,905$197,162$30,640$424,103
12$677,981$206,810$31,865$439,306
13$705,100$216,844$33,140$455,116
14$733,304$227,280$34,465$471,559
15$762,636$238,133$35,844$488,660
16$793,142$249,420$37,278$506,444
17$824,867$261,158$38,769$524,940
18$857,862$273,366$40,320$544,176
19$892,177$286,063$41,932$564,182
20$927,864$299,267$43,610$584,987
21$964,978$312,999$45,354$606,625
22$1,003,577$327,281$47,168$629,128
23$1,043,720$342,134$49,055$652,532
24$1,085,469$357,581$51,017$676,871
25$1,128,888$373,646$53,058$702,184
26$1,174,044$390,353$55,180$728,510
27$1,221,005$407,729$57,387$755,889
28$1,269,845$425,800$59,683$784,363
29$1,320,639$444,594$62,070$813,975
30$1,373,465$464,139$64,553$844,773
Total$24,700,000$7,840,087$1,160,902$15,699,011

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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.