USA Mega

Missouri Powerball Jackpot Annuity Payout Schedule for Jan 21, 1995

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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 $3,000,000 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:Sat, Jan 21, 1995
Jackpot:$3,000,000
Federal Tax:37% marginal rate
State Tax: 4.7%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$53,490$6,480$2,514$44,496
2$55,630$6,951$2,615$46,065
3$57,855$7,440$2,719$47,696
4$60,169$7,949$2,828$49,392
5$62,576$8,479$2,941$51,156
6$65,079$9,029$3,059$52,991
7$67,682$9,602$3,181$54,899
8$70,390$10,198$3,308$56,884
9$73,205$10,817$3,441$58,947
10$76,133$11,461$3,578$61,094
11$79,179$12,131$3,721$63,326
12$82,346$12,828$3,870$65,648
13$85,640$13,553$4,025$68,062
14$89,065$14,306$4,186$70,573
15$92,628$15,090$4,354$73,184
16$96,333$15,905$4,528$75,900
17$100,186$16,753$4,709$78,725
18$104,194$17,635$4,897$81,662
19$108,362$18,605$5,093$84,664
20$112,696$19,645$5,297$87,754
21$117,204$20,727$5,509$90,968
22$121,892$21,852$5,729$94,311
23$126,768$23,022$5,958$97,787
24$131,838$24,239$6,196$101,403
25$137,112$25,505$6,444$105,163
26$142,596$26,821$6,702$109,073
27$148,300$28,190$6,970$113,140
28$154,232$29,614$7,249$117,370
29$160,402$31,094$7,539$121,768
30$166,818$32,634$7,840$126,343
Total$3,000,000$508,555$141,000$2,350,444

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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.