USA Mega

Missouri Powerball Jackpot Annuity Payout Schedule for Apr 21, 2010

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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 $258,500,000 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:Wed, Apr 21, 2010
Jackpot:$258,500,000
Federal Tax:37% marginal rate
State Tax: 4.7%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$4,609,081$1,661,317$216,627$2,731,137
2$4,793,444$1,729,531$225,292$2,838,621
3$4,985,182$1,800,474$234,304$2,950,404
4$5,184,589$1,874,255$243,676$3,066,658
5$5,391,972$1,950,987$253,423$3,187,563
6$5,607,651$2,030,788$263,560$3,313,303
7$5,831,957$2,113,781$274,102$3,444,074
8$6,065,236$2,200,094$285,066$3,580,075
9$6,307,845$2,289,860$296,469$3,721,516
10$6,560,159$2,383,216$308,327$3,868,615
11$6,822,565$2,480,306$320,661$4,021,598
12$7,095,468$2,581,280$333,487$4,180,701
13$7,379,287$2,686,293$346,826$4,346,167
14$7,674,458$2,795,507$360,700$4,518,252
15$7,981,436$2,909,089$375,128$4,697,220
16$8,300,694$3,027,214$390,133$4,883,347
17$8,632,722$3,150,064$405,738$5,076,919
18$8,978,030$3,277,829$421,967$5,278,234
19$9,337,152$3,410,703$438,846$5,487,602
20$9,710,638$3,548,893$456,400$5,705,345
21$10,099,063$3,692,611$474,656$5,931,797
22$10,503,026$3,842,077$493,642$6,167,307
23$10,923,147$3,997,522$513,388$6,412,237
24$11,360,073$4,159,184$533,923$6,666,965
25$11,814,476$4,327,313$555,280$6,931,882
26$12,287,055$4,502,167$577,492$7,207,396
27$12,778,537$4,684,016$600,591$7,493,930
28$13,289,678$4,873,138$624,615$7,791,925
29$13,821,265$5,069,825$649,599$8,101,840
30$14,374,116$5,274,380$675,583$8,424,152
Total$258,500,000$94,323,714$12,149,501$152,026,782

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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.