USA Mega

Missouri Powerball Jackpot Annuity Payout Schedule for Sep 4, 2002

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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 $70,100,000 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:Wed, Sep 4, 2002
Jackpot:$70,100,000
Federal Tax:37% marginal rate
State Tax: 4.7%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$1,249,890$419,480$58,745$771,666
2$1,299,886$437,978$61,095$800,813
3$1,351,881$457,216$63,538$831,126
4$1,405,956$477,224$66,080$862,652
5$1,462,194$498,032$68,723$895,439
6$1,520,682$519,673$71,472$929,537
7$1,581,510$542,179$74,331$965,000
8$1,644,770$565,585$77,304$1,001,881
9$1,710,561$589,928$80,396$1,040,237
10$1,778,983$615,244$83,612$1,080,127
11$1,850,142$641,573$86,957$1,121,613
12$1,924,148$668,955$90,435$1,164,758
13$2,001,114$697,432$94,052$1,209,629
14$2,081,159$727,049$97,814$1,256,295
15$2,164,405$757,850$101,727$1,304,828
16$2,250,981$789,883$105,796$1,355,302
17$2,341,020$823,198$110,028$1,407,795
18$2,434,661$857,845$114,429$1,462,387
19$2,532,048$893,878$119,006$1,519,164
20$2,633,330$931,352$123,766$1,578,211
21$2,738,663$970,325$128,717$1,639,620
22$2,848,209$1,010,858$133,866$1,703,486
23$2,962,138$1,053,011$139,220$1,769,906
24$3,080,623$1,096,851$144,789$1,838,983
25$3,203,848$1,142,444$150,581$1,910,823
26$3,332,002$1,189,861$156,604$1,985,537
27$3,465,282$1,239,175$162,868$2,063,239
28$3,603,893$1,290,461$169,383$2,144,050
29$3,748,049$1,343,798$176,158$2,228,092
30$3,897,971$1,399,270$183,205$2,315,497
Total$70,100,000$24,647,608$3,294,697$42,157,693

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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.