USA Mega

Missouri Powerball Jackpot Annuity Payout Schedule for Feb 18, 2006

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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 $365,000,000 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, Feb 18, 2006
Jackpot:$365,000,000
Federal Tax:37% marginal rate
State Tax: 4.7%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$6,507,986$2,363,912$305,875$3,838,199
2$6,768,306$2,460,230$318,110$3,989,965
3$7,039,038$2,560,401$330,835$4,147,802
4$7,320,599$2,664,579$344,068$4,311,952
5$7,613,423$2,772,924$357,831$4,482,669
6$7,917,960$2,885,603$372,144$4,660,214
7$8,234,679$3,002,788$387,030$4,844,860
8$8,564,066$3,124,662$402,511$5,036,893
9$8,906,628$3,251,410$418,612$5,236,607
10$9,262,894$3,383,228$435,356$5,444,310
11$9,633,409$3,520,319$452,770$5,660,320
12$10,018,746$3,662,893$470,881$5,884,972
13$10,419,496$3,811,171$489,716$6,118,609
14$10,836,275$3,965,379$509,305$6,361,591
15$11,269,726$4,125,756$529,677$6,614,293
16$11,720,515$4,292,548$550,864$6,877,103
17$12,189,336$4,466,012$572,899$7,150,426
18$12,676,910$4,646,414$595,815$7,434,681
19$13,183,986$4,834,032$619,647$7,730,307
20$13,711,345$5,029,155$644,433$8,037,757
21$14,259,799$5,232,083$670,211$8,357,506
22$14,830,191$5,443,128$697,019$8,690,044
23$15,423,399$5,662,615$724,900$9,035,884
24$16,040,335$5,890,881$753,896$9,395,558
25$16,681,948$6,128,278$784,052$9,769,618
26$17,349,226$6,375,171$815,414$10,158,642
27$18,043,195$6,631,939$848,030$10,563,225
28$18,764,923$6,898,979$881,951$10,983,993
29$19,515,520$7,176,700$917,229$11,421,591
30$20,296,141$7,465,529$953,919$11,876,693
Total$365,000,000$133,728,719$17,155,000$214,116,284

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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.