USA Mega

Missouri Powerball Jackpot Annuity Payout Schedule for Apr 18, 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 $32,100,000 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:Sat, Apr 18, 2009
Jackpot:$32,100,000
Federal Tax:37% marginal rate
State Tax: 4.7%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$572,346$169,090$26,900$376,355
2$595,240$177,103$27,976$390,160
3$619,050$185,437$29,095$404,518
4$643,812$194,168$30,259$419,385
5$669,564$203,696$31,470$434,399
6$696,347$213,606$32,728$450,013
7$724,201$223,911$34,037$466,252
8$753,169$234,630$35,399$483,140
9$783,295$245,777$36,815$500,704
10$814,627$257,369$38,287$518,970
11$847,212$269,426$39,819$537,967
12$881,101$281,964$41,412$557,724
13$916,345$295,005$43,068$578,272
14$952,998$308,567$44,791$599,641
15$991,118$322,671$46,583$621,865
16$1,030,763$337,340$48,446$644,978
17$1,071,994$352,595$50,384$669,015
18$1,114,873$368,460$52,399$694,014
19$1,159,468$384,961$54,495$720,013
20$1,205,847$402,121$56,675$747,052
21$1,254,081$419,967$58,942$775,172
22$1,304,244$438,528$61,299$804,417
23$1,356,414$457,830$63,751$834,832
24$1,410,671$477,905$66,302$866,464
25$1,467,097$498,783$68,954$899,361
26$1,525,781$520,496$71,712$933,573
27$1,586,812$543,078$74,580$969,154
28$1,650,285$566,563$77,563$1,006,159
29$1,716,296$590,987$80,666$1,044,644
30$1,784,948$616,388$83,893$1,084,668
Total$32,100,000$10,558,422$1,508,700$20,032,881

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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.