USA Mega

Missouri Powerball Jackpot Annuity Payout Schedule for Apr 12, 2008

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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 $80,200,000 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, Apr 12, 2008
Jackpot:$80,200,000
Federal Tax:37% marginal rate
State Tax: 4.7%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$1,429,974$485,048$67,209$877,718
2$1,487,173$506,211$69,897$911,065
3$1,546,660$528,221$72,693$945,745
4$1,608,526$551,112$75,601$981,814
5$1,672,867$574,918$78,625$1,019,324
6$1,739,782$599,677$81,770$1,058,336
7$1,809,373$625,425$85,041$1,098,907
8$1,881,748$652,204$88,442$1,141,102
9$1,957,018$680,054$91,980$1,184,984
10$2,035,299$709,018$95,659$1,230,622
11$2,116,711$739,140$99,485$1,278,085
12$2,201,379$770,468$103,465$1,327,447
13$2,289,434$803,048$107,603$1,378,783
14$2,381,012$836,932$111,908$1,432,173
15$2,476,252$872,171$116,384$1,487,698
16$2,575,302$908,819$121,039$1,545,444
17$2,678,314$946,934$125,881$1,605,500
18$2,785,447$986,573$130,916$1,667,958
19$2,896,865$1,027,797$136,153$1,732,915
20$3,012,739$1,070,671$141,599$1,800,470
21$3,133,249$1,115,259$147,263$1,870,727
22$3,258,579$1,161,631$153,153$1,943,794
23$3,388,922$1,209,858$159,279$2,019,784
24$3,524,479$1,260,014$165,651$2,098,814
25$3,665,458$1,312,177$172,277$2,181,005
26$3,812,077$1,366,426$179,168$2,266,483
27$3,964,560$1,422,844$186,334$2,355,381
28$4,123,142$1,481,520$193,788$2,447,835
29$4,288,068$1,542,542$201,539$2,543,986
30$4,459,590$1,606,006$209,601$2,643,984
Total$80,200,000$28,352,718$3,769,403$48,077,883

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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.