USA Mega

Missouri Powerball Jackpot Annuity Payout Schedule for Nov 2, 2011

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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 $254,200,000 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:Wed, Nov 2, 2011
Jackpot:$254,200,000
Federal Tax:37% marginal rate
State Tax: 4.7%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$4,532,411$1,632,949$213,023$2,686,438
2$4,713,708$1,700,029$221,544$2,792,134
3$4,902,256$1,769,792$230,406$2,902,058
4$5,098,346$1,842,345$239,622$3,016,379
5$5,302,280$1,917,801$249,207$3,135,272
6$5,514,371$1,996,275$259,175$3,258,921
7$5,734,946$2,077,887$269,542$3,387,516
8$5,964,344$2,162,765$280,324$3,521,255
9$6,202,918$2,251,037$291,537$3,660,344
10$6,451,034$2,342,840$303,199$3,804,996
11$6,709,076$2,438,315$315,327$3,955,434
12$6,977,439$2,537,610$327,940$4,111,890
13$7,256,536$2,640,876$341,057$4,274,603
14$7,546,798$2,748,272$354,699$4,443,826
15$7,848,670$2,859,965$368,887$4,619,817
16$8,162,617$2,976,125$383,643$4,802,848
17$8,489,121$3,096,932$398,989$4,993,200
18$8,828,686$3,222,571$414,948$5,191,167
19$9,181,833$3,353,236$431,546$5,397,052
20$9,549,107$3,489,127$448,808$5,611,172
21$9,931,071$3,630,454$466,760$5,833,857
22$10,328,314$3,777,433$485,431$6,065,450
23$10,741,446$3,930,292$504,848$6,306,306
24$11,171,104$4,089,266$525,042$6,556,797
25$11,617,949$4,254,598$546,044$6,817,307
26$12,082,666$4,426,544$567,885$7,088,237
27$12,565,973$4,605,367$590,601$7,370,005
28$13,068,612$4,791,344$614,225$7,663,044
29$13,591,357$4,984,759$638,794$7,967,804
30$14,135,011$5,185,911$664,346$8,284,754
Total$254,200,000$92,732,717$11,947,399$149,519,883

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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.