USA Mega

Missouri Powerball Jackpot Annuity Payout Schedule for Dec 10, 2011

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

The tax information provided here is based on 2025 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 $65,500,000 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:Sat, Dec 10, 2011
Jackpot:$65,500,000
Federal Tax:37% marginal rate
State Tax: 4.7%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$1,167,871$389,133$54,890$723,849
2$1,214,586$406,417$57,086$751,084
3$1,263,170$424,393$59,369$779,408
4$1,313,697$443,088$61,744$808,865
5$1,366,244$462,531$64,213$839,500
6$1,420,894$482,751$66,782$871,361
7$1,477,730$503,780$69,453$904,496
8$1,536,839$525,651$72,231$938,957
9$1,598,313$548,396$75,121$974,796
10$1,662,245$572,051$78,126$1,012,069
11$1,728,735$596,652$81,251$1,050,832
12$1,797,885$622,238$84,501$1,091,146
13$1,869,800$648,846$87,881$1,133,073
14$1,944,592$676,519$91,396$1,176,677
15$2,022,376$705,299$95,052$1,222,025
16$2,103,271$735,230$98,854$1,269,186
17$2,187,401$766,359$102,808$1,318,235
18$2,274,897$798,732$106,920$1,369,245
19$2,365,893$832,401$111,197$1,422,296
20$2,460,529$867,416$115,645$1,477,468
21$2,558,950$903,832$120,271$1,534,848
22$2,661,308$941,704$125,081$1,594,522
23$2,767,761$981,092$130,085$1,656,584
24$2,878,471$1,022,055$135,288$1,721,128
25$2,993,610$1,064,656$140,700$1,788,254
26$3,113,354$1,108,961$146,328$1,858,065
27$3,237,888$1,155,039$152,181$1,930,669
28$3,367,404$1,202,960$158,268$2,006,176
29$3,502,100$1,252,797$164,599$2,084,704
30$3,642,184$1,304,628$171,183$2,166,373
Total$65,500,000$22,945,607$3,078,504$39,475,891

◄ 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.