USA Mega

Missouri Powerball Jackpot Annuity Payout Schedule for Apr 20, 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 $57,300,000 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, Apr 20, 2011
Jackpot:$57,300,000
Federal Tax:37% marginal rate
State Tax: 4.95%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$1,021,665$336,204$50,572$634,889
2$1,062,531$351,324$52,595$658,612
3$1,105,033$367,050$54,699$683,284
4$1,149,234$383,404$56,887$708,942
5$1,195,203$400,413$59,163$735,628
6$1,243,011$418,102$61,529$763,380
7$1,292,732$436,498$63,990$792,243
8$1,344,441$455,631$66,550$822,260
9$1,398,219$475,529$69,212$853,478
10$1,454,147$496,222$71,980$885,945
11$1,512,313$517,744$74,860$919,710
12$1,572,806$540,126$77,854$954,826
13$1,635,718$563,403$80,968$991,347
14$1,701,147$587,612$84,207$1,029,328
15$1,769,193$612,789$87,575$1,068,829
16$1,839,960$638,973$91,078$1,109,909
17$1,913,559$666,205$94,721$1,152,633
18$1,990,101$694,525$98,510$1,197,066
19$2,069,705$723,979$102,450$1,243,276
20$2,152,493$754,610$106,548$1,291,335
21$2,238,593$786,467$110,810$1,341,316
22$2,328,137$819,598$115,243$1,393,296
23$2,421,262$854,055$119,852$1,447,355
24$2,518,113$889,889$124,647$1,503,577
25$2,618,837$927,158$129,632$1,562,047
26$2,723,591$965,916$134,818$1,622,857
27$2,832,534$1,006,225$140,210$1,686,099
28$2,945,836$1,048,147$145,819$1,751,870
29$3,063,669$1,091,745$151,652$1,820,272
30$3,186,216$1,137,088$157,718$1,891,411
Total$57,300,000$19,946,631$2,836,349$34,517,020

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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.