USA Mega

Missouri Powerball Jackpot Annuity Payout Schedule for Nov 19, 1997

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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 $17,100,000 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, Nov 19, 1997
Jackpot:$17,100,000
Federal Tax:37% marginal rate
State Tax: 4.7%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$304,895$75,482$14,330$215,082
2$317,090$79,751$14,903$222,436
3$329,774$84,190$15,499$230,085
4$342,965$88,807$16,119$238,039
5$356,684$93,609$16,764$246,311
6$370,951$98,602$17,435$254,914
7$385,789$103,795$18,132$263,862
8$401,221$109,196$18,857$273,167
9$417,269$114,814$19,612$282,844
10$433,960$120,655$20,396$292,909
11$451,319$126,731$21,212$303,376
12$469,371$133,049$22,060$314,262
13$488,146$139,620$22,943$325,583
14$507,672$146,454$23,861$337,357
15$527,979$153,562$24,815$349,602
16$549,098$160,954$25,808$362,337
17$571,062$168,641$26,840$375,581
18$593,905$176,636$27,914$389,355
19$617,661$184,950$29,030$403,680
20$642,367$193,633$30,191$418,543
21$668,062$203,140$31,399$433,523
22$694,784$213,027$32,655$449,102
23$722,576$223,310$33,961$465,304
24$751,479$234,004$35,319$482,155
25$781,538$245,126$36,732$499,679
26$812,799$256,693$38,202$517,905
27$845,311$268,722$39,730$536,859
28$879,124$281,233$41,319$556,572
29$914,289$294,244$42,972$577,073
30$950,860$307,776$44,690$598,394
Total$17,100,000$5,080,406$803,700$11,215,891

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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.