USA Mega

Missouri Powerball Jackpot Annuity Payout Schedule for Sep 5, 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 $57,100,000 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, Sep 5, 2009
Jackpot:$57,100,000
Federal Tax:37% marginal rate
State Tax: 4.7%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$1,018,099$332,654$47,851$637,594
2$1,058,823$347,722$49,765$661,336
3$1,101,176$363,392$51,755$686,028
4$1,145,223$379,690$53,825$711,707
5$1,191,031$396,639$55,978$738,414
6$1,238,673$414,266$58,218$766,189
7$1,288,220$432,599$60,546$795,075
8$1,339,748$451,664$62,968$825,116
9$1,393,338$471,492$65,487$856,359
10$1,449,072$492,114$68,106$888,852
11$1,507,035$513,560$70,831$922,644
12$1,567,316$535,864$73,664$957,788
13$1,630,009$559,060$76,610$994,338
14$1,695,209$583,185$79,675$1,032,350
15$1,763,017$608,274$82,862$1,071,882
16$1,833,538$634,366$86,176$1,112,996
17$1,906,880$661,503$89,623$1,155,754
18$1,983,155$689,725$93,208$1,200,222
19$2,062,481$719,075$96,937$1,246,469
20$2,144,980$749,600$100,814$1,294,566
21$2,230,780$781,346$104,847$1,344,587
22$2,320,011$814,361$109,041$1,396,609
23$2,412,811$848,697$113,402$1,450,712
24$2,509,324$884,407$117,938$1,506,978
25$2,609,697$921,545$122,656$1,565,496
26$2,714,084$960,168$127,562$1,626,354
27$2,822,648$1,000,337$132,664$1,689,646
28$2,935,554$1,042,112$137,971$1,755,471
29$3,052,976$1,085,558$143,490$1,823,928
30$3,175,095$1,130,742$149,229$1,895,123
Total$57,100,000$19,805,717$2,683,699$34,610,583

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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.