USA Mega

Missouri Powerball Jackpot Annuity Payout Schedule for Jun 8, 2005

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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 $20,100,000 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, Jun 8, 2005
Jackpot:$20,100,000
Federal Tax:37% marginal rate
State Tax: 4.7%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$358,385$94,982$16,844$246,559
2$372,720$99,999$17,518$255,203
3$387,629$105,217$18,219$264,193
4$403,134$110,644$18,947$273,543
5$419,260$116,288$19,705$283,266
6$436,030$122,158$20,493$293,379
7$453,471$128,262$21,313$303,896
8$471,610$134,611$22,166$314,834
9$490,475$141,213$23,052$326,209
10$510,094$148,080$23,974$338,039
11$530,497$155,221$24,933$350,343
12$551,717$162,648$25,931$363,138
13$573,786$170,372$26,968$376,446
14$596,737$178,405$28,047$390,285
15$620,607$186,760$29,169$404,679
16$645,431$195,830$30,335$419,266
17$671,248$205,382$31,549$434,318
18$698,098$215,317$32,811$449,971
19$726,022$225,648$34,123$466,251
20$755,063$236,394$35,488$483,182
21$785,266$247,569$36,907$500,790
22$816,676$259,190$38,384$519,102
23$849,343$271,277$39,919$538,147
24$883,317$283,848$41,516$557,954
25$918,650$296,921$43,177$578,553
26$955,396$310,517$44,904$599,975
27$993,612$324,657$46,700$622,255
28$1,033,356$339,362$48,568$645,426
29$1,074,690$354,656$50,510$669,524
30$1,117,678$370,561$52,531$694,586
Total$20,100,000$6,191,989$944,701$12,963,312

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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.