USA Mega

Missouri Powerball Jackpot Annuity Payout Schedule for Feb 11, 2004

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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 $13,300,000 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:Wed, Feb 11, 2004
Jackpot:$13,300,000
Federal Tax:37% marginal rate
State Tax: 4.7%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$237,140$52,341$11,146$173,654
2$246,626$55,376$11,591$179,658
3$256,491$58,541$12,055$185,895
4$266,751$62,132$12,537$192,081
5$277,421$65,866$13,039$198,515
6$288,517$69,750$13,560$205,207
7$300,058$73,790$14,103$212,166
8$312,060$77,990$14,667$219,403
9$324,543$82,359$15,254$226,930
10$337,525$86,903$15,864$234,758
11$351,026$91,628$16,498$242,899
12$365,067$96,543$17,158$251,366
13$379,669$101,654$17,844$260,171
14$394,856$106,969$18,558$269,329
15$410,650$112,497$19,301$278,853
16$427,076$118,246$20,073$288,758
17$444,159$124,225$20,875$299,059
18$461,926$130,443$21,711$309,772
19$480,403$136,910$22,579$320,914
20$499,619$143,636$23,482$332,501
21$519,604$150,631$24,421$344,552
22$540,388$157,905$25,398$357,085
23$562,003$165,470$26,414$370,119
24$584,483$173,338$27,471$383,674
25$607,863$181,521$28,570$397,772
26$632,177$190,031$29,712$412,434
27$657,464$199,219$30,901$427,344
28$683,763$208,950$32,137$442,677
29$711,113$219,069$33,422$458,622
30$739,558$229,594$34,759$475,205
Total$13,300,000$3,723,527$625,100$8,951,373

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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.