USA Mega

Missouri Powerball Jackpot Annuity Payout Schedule for Feb 28, 2009

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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 $174,400,000 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 28, 2009
Jackpot:$174,400,000
Federal Tax:37% marginal rate
State Tax: 4.7%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$3,109,569$1,106,498$146,150$1,856,922
2$3,233,952$1,152,520$151,996$1,929,437
3$3,363,310$1,200,382$158,076$2,004,853
4$3,497,843$1,250,159$164,399$2,083,285
5$3,637,756$1,301,927$170,975$2,164,855
6$3,783,267$1,355,766$177,814$2,249,687
7$3,934,597$1,411,758$184,926$2,337,913
8$4,091,981$1,469,990$192,323$2,429,668
9$4,255,660$1,530,552$200,016$2,525,093
10$4,425,887$1,593,535$208,017$2,624,335
11$4,602,922$1,659,038$216,337$2,727,546
12$4,787,039$1,727,162$224,991$2,834,887
13$4,978,521$1,798,010$233,990$2,946,520
14$5,177,661$1,871,692$243,350$3,062,619
15$5,384,768$1,948,321$253,084$3,183,362
16$5,600,159$2,028,016$263,207$3,308,935
17$5,824,165$2,110,898$273,736$3,439,531
18$6,057,132$2,197,096$284,685$3,575,350
19$6,299,417$2,286,741$296,073$3,716,603
20$6,551,393$2,379,973$307,915$3,863,505
21$6,813,449$2,476,933$320,232$4,016,284
22$7,085,987$2,577,773$333,041$4,175,173
23$7,369,427$2,682,645$346,363$4,340,419
24$7,664,204$2,791,713$360,218$4,512,274
25$7,970,772$2,905,143$374,626$4,691,003
26$8,289,603$3,023,110$389,611$4,876,881
27$8,621,187$3,145,796$405,196$5,070,195
28$8,966,034$3,273,390$421,404$5,271,241
29$9,324,676$3,406,087$438,260$5,480,329
30$9,697,663$3,544,092$455,790$5,697,780
Total$174,400,000$63,206,716$8,196,801$102,996,485

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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.