USA Mega

Missouri Powerball Jackpot Annuity Payout Schedule for Sep 22, 2001

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The tax information provided here is based on 2024 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 $42,900,000 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, Sep 22, 2001
Jackpot:$42,900,000
Federal Tax:37% marginal rate
State Tax: 4.95%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$764,911$241,205$37,863$485,843
2$795,508$252,526$39,378$503,604
3$827,328$264,299$40,953$522,076
4$860,421$276,544$42,591$541,287
5$894,838$289,278$44,294$561,266
6$930,631$302,521$46,066$582,044
7$967,857$316,295$47,909$603,653
8$1,006,571$330,619$49,825$626,127
9$1,046,834$345,516$51,818$649,499
10$1,088,707$361,009$53,891$673,807
11$1,132,256$377,122$56,047$699,087
12$1,177,546$393,880$58,289$725,378
13$1,224,648$411,307$60,620$752,720
14$1,273,633$429,432$63,045$781,156
15$1,324,579$448,282$65,567$810,730
16$1,377,562$467,886$68,189$841,487
17$1,432,664$488,274$70,917$873,474
18$1,489,971$509,477$73,754$906,740
19$1,549,570$531,529$76,704$941,338
20$1,611,553$554,462$79,772$977,319
21$1,676,015$578,313$82,963$1,014,739
22$1,743,055$603,118$86,281$1,053,656
23$1,812,778$628,915$89,732$1,094,130
24$1,885,289$655,745$93,322$1,136,222
25$1,960,700$683,647$97,055$1,179,999
26$2,039,128$712,665$100,937$1,225,526
27$2,120,693$742,844$104,974$1,272,875
28$2,205,521$774,231$109,173$1,322,117
29$2,293,742$806,872$113,540$1,373,329
30$2,385,492$840,820$118,082$1,426,590
Total$42,900,000$14,618,633$2,123,551$26,157,818

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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.