USA Mega

Missouri Powerball Jackpot Annuity Payout Schedule for Mar 9, 1996

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 $10,100,000 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:Sat, Mar 9, 1996
Jackpot:$10,100,000
Federal Tax:37% marginal rate
State Tax: 4.7%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$180,084$35,818$8,464$135,802
2$187,287$37,547$8,803$140,938
3$194,779$39,345$9,155$146,279
4$202,570$41,278$9,521$151,771
5$210,673$43,871$9,902$156,900
6$219,100$46,568$10,298$162,234
7$227,864$49,372$10,710$167,782
8$236,978$52,289$11,138$173,551
9$246,457$55,322$11,583$179,552
10$256,316$58,480$12,047$185,789
11$266,568$62,068$12,529$191,971
12$277,231$65,800$13,030$198,401
13$288,320$69,681$13,551$205,088
14$299,853$73,718$14,093$212,042
15$311,847$77,916$14,657$219,275
16$324,321$82,282$15,243$226,796
17$337,294$86,822$15,853$234,619
18$350,786$91,544$16,487$242,755
19$364,817$96,455$17,146$251,215
20$379,410$101,563$17,832$260,015
21$394,586$106,874$18,546$269,166
22$410,370$112,399$19,287$278,684
23$426,784$118,144$20,059$288,582
24$443,856$124,119$20,861$298,876
25$461,610$130,333$21,696$309,582
26$480,074$136,795$22,564$320,716
27$499,277$143,516$23,466$332,295
28$519,249$150,506$24,405$344,338
29$540,018$157,776$25,381$356,862
30$561,619$165,336$26,396$369,887
Total$10,100,000$2,613,537$474,703$7,011,763

◄ 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.