USA Mega

Missouri Powerball Jackpot Annuity Payout Schedule for Apr 23, 1994

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 $2,800,000 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, Apr 23, 1994
Jackpot:$2,800,000
Federal Tax:37% marginal rate
State Tax: 4.7%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$49,924$5,743$2,346$41,835
2$51,921$6,135$2,440$43,346
3$53,998$6,592$2,538$44,869
4$56,158$7,067$2,639$46,452
5$58,404$7,561$2,745$48,098
6$60,741$8,075$2,855$49,811
7$63,170$8,609$2,969$51,592
8$65,697$9,165$3,088$53,444
9$68,325$9,743$3,211$55,370
10$71,058$10,345$3,340$57,373
11$73,900$10,970$3,473$59,457
12$76,856$11,620$3,612$61,624
13$79,930$12,297$3,757$63,877
14$83,128$13,000$3,907$66,221
15$86,453$13,732$4,063$68,658
16$89,911$14,492$4,226$71,193
17$93,507$15,284$4,395$73,829
18$97,248$16,106$4,571$76,570
19$101,137$16,962$4,753$79,422
20$105,183$17,852$4,944$82,387
21$109,390$18,852$5,141$85,397
22$113,766$19,902$5,347$88,517
23$118,316$20,994$5,561$91,762
24$123,049$22,130$5,783$95,136
25$127,971$23,311$6,015$98,645
26$133,090$24,540$6,255$102,295
27$138,414$25,817$6,505$106,091
28$143,950$27,146$6,766$110,038
29$149,708$28,528$7,036$114,144
30$155,696$29,965$7,318$118,414
Total$2,800,000$462,535$131,599$2,205,867

◄ 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.