USA Mega

Missouri Powerball Jackpot Annuity Payout Schedule for Mar 9, 2002

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 $21,700,000 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, 2002
Jackpot:$21,700,000
Federal Tax:37% marginal rate
State Tax: 4.7%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$386,913$104,189$18,185$264,539
2$402,390$109,606$18,912$273,872
3$418,485$115,239$19,669$283,577
4$435,225$121,098$20,456$293,671
5$452,634$127,191$21,274$304,169
6$470,739$133,528$22,125$315,086
7$489,569$140,118$23,010$326,441
8$509,151$146,972$23,930$338,249
9$529,517$154,100$24,887$350,530
10$550,698$161,514$25,883$363,302
11$572,726$169,223$26,918$376,585
12$595,635$177,242$27,995$390,399
13$619,460$185,580$29,115$404,765
14$644,239$194,326$30,279$419,634
15$670,008$203,860$31,490$434,658
16$696,809$213,776$32,750$450,282
17$724,681$224,089$34,060$466,532
18$753,668$234,815$35,422$483,431
19$783,815$245,969$36,839$501,007
20$815,168$257,569$38,313$519,285
21$847,774$269,634$39,845$538,295
22$881,685$282,181$41,439$558,065
23$916,953$295,230$43,097$578,626
24$953,631$308,801$44,821$600,010
25$991,776$322,914$46,613$622,248
26$1,031,447$337,593$48,478$645,376
27$1,072,705$352,858$50,417$669,430
28$1,115,613$368,734$52,434$694,445
29$1,160,238$385,245$54,531$720,461
30$1,206,647$402,417$56,712$747,518
Total$21,700,000$6,745,611$1,019,899$13,934,488

◄ 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.