USA Mega

Missouri Powerball Jackpot Annuity Payout Schedule for Apr 13, 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 2025 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 $21,500,000 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 13, 2002
Jackpot:$21,500,000
Federal Tax:37% marginal rate
State Tax: 4.7%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$383,347$103,719$18,017$261,611
2$398,681$109,086$18,738$270,857
3$414,628$114,667$19,488$280,474
4$431,213$120,472$20,267$290,474
5$448,462$126,509$21,078$300,875
6$466,400$132,787$21,921$311,692
7$485,056$139,317$22,798$322,942
8$504,459$146,108$23,710$334,641
9$524,637$153,170$24,658$346,809
10$545,623$160,515$25,644$359,463
11$567,447$168,154$26,670$372,624
12$590,145$176,098$27,737$386,310
13$613,751$184,360$28,846$400,545
14$638,301$193,192$30,000$415,109
15$663,833$202,639$31,200$429,995
16$690,387$212,463$32,448$445,475
17$718,002$222,681$33,746$461,575
18$746,722$233,307$35,096$478,319
19$776,591$244,359$36,500$495,732
20$807,655$255,852$37,960$513,842
21$839,961$267,806$39,478$532,677
22$873,559$280,237$41,057$552,265
23$908,502$293,166$42,700$572,636
24$944,842$306,612$44,408$593,822
25$982,635$320,595$46,184$615,856
26$1,021,941$335,138$48,031$638,771
27$1,062,818$350,263$49,952$662,603
28$1,105,331$365,993$51,951$687,388
29$1,149,544$382,352$54,029$713,164
30$1,195,526$399,365$56,190$739,971
Total$21,500,000$6,700,982$1,010,502$13,788,517

◄ 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.