USA Mega

Missouri Powerball Jackpot Annuity Payout Schedule for Apr 10, 1999

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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 $16,300,000 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 10, 1999
Jackpot:$16,300,000
Federal Tax:37% marginal rate
State Tax: 4.7%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$290,631$70,490$13,660$206,481
2$302,256$74,559$14,206$213,491
3$314,346$78,790$14,774$220,781
4$326,920$83,191$15,365$228,363
5$339,997$87,768$15,980$236,249
6$353,597$92,528$16,619$244,449
7$367,740$97,478$17,284$252,978
8$382,450$102,627$17,975$261,848
9$397,748$107,981$18,694$271,073
10$413,658$113,550$19,442$280,667
11$430,204$119,341$20,220$290,644
12$447,412$125,364$21,028$301,020
13$465,309$131,627$21,870$311,812
14$483,921$138,142$22,744$323,035
15$503,278$144,917$23,654$334,708
16$523,409$151,963$24,600$346,847
17$544,346$159,290$25,584$359,471
18$566,120$166,911$26,608$372,601
19$588,764$174,837$27,672$386,256
20$612,315$183,079$28,779$400,457
21$636,807$191,652$29,930$415,226
22$662,280$201,001$31,127$430,152
23$688,771$210,803$32,372$445,596
24$716,322$220,996$33,667$461,658
25$744,975$231,598$35,014$478,363
26$774,774$242,624$36,414$495,736
27$805,765$254,090$37,871$513,804
28$837,995$266,015$39,386$532,594
29$871,515$278,418$40,961$552,136
30$906,376$291,316$42,600$572,460
Total$16,300,000$4,792,946$766,100$10,740,956

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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.