USA Mega

Missouri Powerball Jackpot Annuity Payout Schedule for Mar 17, 2007

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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 $182,700,000 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, Mar 17, 2007
Jackpot:$182,700,000
Federal Tax:37% marginal rate
State Tax: 4.7%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$3,257,559$1,161,254$153,105$1,943,200
2$3,387,861$1,209,466$159,229$2,019,166
3$3,523,376$1,259,606$165,599$2,098,171
4$3,664,311$1,311,752$172,223$2,180,336
5$3,810,883$1,365,984$179,112$2,265,788
6$3,963,319$1,422,385$186,276$2,354,658
7$4,121,851$1,481,042$193,727$2,447,082
8$4,286,726$1,542,046$201,476$2,543,204
9$4,458,195$1,605,489$209,535$2,643,170
10$4,636,522$1,671,471$217,917$2,747,135
11$4,821,983$1,740,091$226,633$2,855,259
12$5,014,863$1,811,456$235,699$2,967,708
13$5,215,457$1,885,676$245,126$3,084,654
14$5,424,075$1,962,865$254,932$3,206,279
15$5,641,038$2,043,141$265,129$3,332,768
16$5,866,680$2,126,629$275,734$3,464,317
17$6,101,347$2,213,456$286,763$3,601,128
18$6,345,401$2,303,756$298,234$3,743,412
19$6,599,217$2,397,668$310,163$3,891,386
20$6,863,186$2,495,336$322,570$4,045,280
21$7,137,713$2,596,911$335,473$4,205,330
22$7,423,222$2,702,549$348,891$4,371,781
23$7,720,151$2,812,413$362,847$4,544,891
24$8,028,957$2,926,671$377,361$4,724,924
25$8,350,115$3,045,500$392,455$4,912,160
26$8,684,119$3,169,081$408,154$5,106,884
27$9,031,484$3,297,606$424,480$5,309,398
28$9,392,744$3,431,272$441,459$5,520,012
29$9,768,453$3,570,285$459,117$5,739,051
30$10,159,191$3,714,858$477,482$5,966,851
Total$182,700,000$66,277,715$8,586,901$107,835,383

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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.