USA Mega

Missouri Powerball Jackpot Annuity Payout Schedule for Jul 24, 2010

Media: You may freely use any information on this page, but you must credit usamega.com.

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 $53,900,000 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, Jul 24, 2010
Jackpot:$53,900,000
Federal Tax:37% marginal rate
State Tax: 4.7%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$961,042$311,543$45,169$604,330
2$999,484$325,766$46,976$626,742
3$1,039,463$340,559$48,855$650,050
4$1,081,042$355,943$50,809$674,290
5$1,124,284$371,942$52,841$699,500
6$1,169,255$388,582$54,955$725,718
7$1,216,025$405,887$57,153$752,985
8$1,264,666$423,884$59,439$781,343
9$1,315,253$442,601$61,817$810,835
10$1,367,863$462,067$64,290$841,507
11$1,422,577$482,311$66,861$873,405
12$1,479,481$503,365$69,536$906,580
13$1,538,660$525,261$72,317$941,081
14$1,600,206$548,034$75,210$976,963
15$1,664,214$571,717$78,218$1,014,280
16$1,730,783$596,347$81,347$1,053,089
17$1,800,014$621,963$84,601$1,093,451
18$1,872,015$648,603$87,985$1,135,427
19$1,946,895$676,309$91,504$1,179,083
20$2,024,771$705,123$95,164$1,224,484
21$2,105,762$735,089$98,971$1,271,702
22$2,189,993$766,255$102,930$1,320,808
23$2,277,592$798,666$107,047$1,371,879
24$2,368,696$832,375$111,329$1,424,993
25$2,463,444$867,431$115,782$1,480,231
26$2,561,982$903,890$120,413$1,537,678
27$2,664,461$941,808$125,230$1,597,423
28$2,771,039$981,242$130,239$1,659,559
29$2,881,881$1,022,253$135,448$1,724,179
30$2,997,156$1,064,905$140,866$1,791,385
Total$53,900,000$18,621,721$2,533,302$32,744,980

◄ Back to Jackpot Analysis

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.