USA Mega

Missouri Powerball Jackpot Annuity Payout Schedule for Aug 11, 1993

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 $31,100,000 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, Aug 11, 1993
Jackpot:$31,100,000
Federal Tax:37% marginal rate
State Tax: 4.7%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$554,516$162,850$26,062$365,604
2$576,697$170,613$27,105$378,979
3$599,765$178,687$28,189$392,889
4$623,755$187,084$29,316$407,355
5$648,705$195,978$30,489$422,238
6$674,654$205,579$31,709$437,366
7$701,640$215,564$32,977$453,099
8$729,705$225,948$34,296$469,461
9$758,894$236,748$35,668$486,478
10$789,249$247,979$37,095$504,175
11$820,819$259,660$38,579$522,580
12$853,652$271,809$40,122$541,722
13$887,798$284,443$41,727$561,629
14$923,310$297,582$43,396$582,333
15$960,242$311,247$45,131$603,864
16$998,652$325,459$46,937$626,257
17$1,038,598$340,239$48,814$649,546
18$1,080,142$355,610$50,767$673,766
19$1,123,348$371,596$52,797$698,955
20$1,168,282$388,221$54,909$725,151
21$1,215,013$405,512$57,106$752,395
22$1,263,614$423,494$59,390$780,729
23$1,314,158$442,196$61,765$810,197
24$1,366,724$461,645$64,236$840,843
25$1,421,393$481,873$66,805$872,715
26$1,478,249$502,909$69,478$905,862
27$1,537,379$524,788$72,257$940,335
28$1,598,874$547,541$75,147$976,186
29$1,662,829$571,204$78,153$1,013,472
30$1,729,342$595,814$81,279$1,052,249
Total$31,100,000$10,189,872$1,461,701$19,448,430

◄ 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.