USA Mega

Missouri Powerball Jackpot Annuity Payout Schedule for Aug 17, 2002

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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 $37,300,000 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, Aug 17, 2002
Jackpot:$37,300,000
Federal Tax:37% marginal rate
State Tax: 4.7%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$665,063$202,030$31,258$431,774
2$691,665$211,873$32,508$447,284
3$719,332$222,110$33,809$463,413
4$748,105$232,756$35,161$480,188
5$778,029$243,828$36,567$497,634
6$809,150$255,343$38,030$515,777
7$841,516$267,318$39,551$534,647
8$875,177$279,773$41,133$554,271
9$910,184$292,725$42,779$574,680
10$946,592$306,196$44,490$595,906
11$984,455$320,206$46,269$617,980
12$1,023,833$334,776$48,120$640,938
13$1,064,787$349,928$50,045$664,813
14$1,107,378$365,687$52,047$689,644
15$1,151,673$382,076$54,129$715,468
16$1,197,740$399,121$56,294$742,325
17$1,245,650$416,848$58,546$770,257
18$1,295,476$435,283$60,887$799,305
19$1,347,295$454,456$63,323$829,516
20$1,401,187$474,396$65,856$860,935
21$1,457,234$495,134$68,490$893,610
22$1,515,524$516,701$71,230$927,593
23$1,576,145$539,131$74,079$962,935
24$1,639,190$562,458$77,042$999,691
25$1,704,758$586,718$80,124$1,037,917
26$1,772,948$611,948$83,329$1,077,672
27$1,843,866$638,188$86,662$1,119,017
28$1,917,621$665,477$90,128$1,162,016
29$1,994,326$693,858$93,733$1,206,735
30$2,074,099$723,374$97,483$1,253,242
Total$37,300,000$12,479,716$1,753,102$23,067,183

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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.