USA Mega

Missouri Powerball Jackpot Annuity Payout Schedule for Oct 26, 2011

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The tax information provided here is based on 2024 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 $173,900,000 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:Wed, Oct 26, 2011
Jackpot:$173,900,000
Federal Tax:37% marginal rate
State Tax: 4.95%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$3,100,654$1,105,430$153,482$1,841,742
2$3,224,680$1,151,320$159,622$1,913,739
3$3,353,668$1,199,045$166,007$1,988,616
4$3,487,814$1,248,679$172,647$2,066,488
5$3,627,327$1,300,299$179,553$2,147,476
6$3,772,420$1,353,983$186,735$2,231,702
7$3,923,317$1,409,815$194,204$2,319,298
8$4,080,249$1,467,880$201,972$2,410,397
9$4,243,459$1,528,268$210,051$2,505,140
10$4,413,198$1,591,071$218,453$2,603,674
11$4,589,726$1,656,386$227,191$2,706,148
12$4,773,315$1,724,314$236,279$2,812,721
13$4,964,247$1,794,959$245,730$2,923,558
14$5,162,817$1,868,430$255,559$3,038,828
15$5,369,330$1,944,840$265,782$3,158,708
16$5,584,103$2,024,306$276,413$3,283,384
17$5,807,467$2,106,951$287,470$3,413,047
18$6,039,766$2,192,901$298,968$3,547,896
19$6,281,357$2,282,290$310,927$3,688,140
20$6,532,611$2,375,254$323,364$3,833,993
21$6,793,915$2,471,936$336,299$3,985,680
22$7,065,672$2,572,486$349,751$4,143,435
23$7,348,299$2,677,058$363,741$4,307,500
24$7,642,231$2,785,813$378,290$4,478,127
25$7,947,920$2,898,918$393,422$4,655,580
26$8,265,837$3,016,547$409,159$4,840,130
27$8,596,470$3,138,882$425,525$5,032,063
28$8,940,329$3,266,109$442,546$5,231,673
29$9,297,942$3,398,426$460,248$5,439,268
30$9,669,860$3,536,036$478,658$5,655,166
Total$173,900,000$63,088,632$8,608,048$102,203,317

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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.