USA Mega

Missouri Powerball Jackpot Annuity Payout Schedule for Oct 29, 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 $209,200,000 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, Oct 29, 2011
Jackpot:$209,200,000
Federal Tax:37% marginal rate
State Tax: 4.95%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$3,730,057$1,338,309$184,638$2,207,110
2$3,879,259$1,393,514$192,023$2,293,722
3$4,034,429$1,450,927$199,704$2,383,798
4$4,195,807$1,510,636$207,692$2,477,478
5$4,363,639$1,572,734$216,000$2,574,905
6$4,538,184$1,637,316$224,640$2,676,228
7$4,719,712$1,704,481$233,626$2,781,605
8$4,908,500$1,774,333$242,971$2,891,197
9$5,104,840$1,846,979$252,690$3,005,172
10$5,309,034$1,922,530$262,797$3,123,706
11$5,521,395$2,001,104$273,309$3,246,982
12$5,742,251$2,082,821$284,241$3,375,189
13$5,971,941$2,167,806$295,611$3,508,524
14$6,210,819$2,256,191$307,436$3,647,192
15$6,459,251$2,348,111$319,733$3,791,408
16$6,717,621$2,443,708$332,522$3,941,392
17$6,986,326$2,543,128$345,823$4,097,375
18$7,265,779$2,646,526$359,656$4,259,597
19$7,556,411$2,754,060$374,042$4,428,309
20$7,858,667$2,865,895$389,004$4,603,768
21$8,173,014$2,982,203$404,564$4,786,247
22$8,499,934$3,103,163$420,747$4,976,024
23$8,839,932$3,228,962$437,577$5,173,393
24$9,193,529$3,359,793$455,080$5,378,656
25$9,561,270$3,495,858$473,283$5,592,129
26$9,943,721$3,637,364$492,214$5,814,142
27$10,341,470$3,784,532$511,903$6,045,035
28$10,755,128$3,937,585$532,379$6,285,164
29$11,185,334$4,096,761$553,674$6,534,898
30$11,632,747$4,262,304$575,821$6,794,622
Total$209,200,000$76,149,634$10,355,400$122,694,967

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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.