USA Mega

Missouri Powerball Jackpot Annuity Payout Schedule for May 11, 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 $65,200,000 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, May 11, 2011
Jackpot:$65,200,000
Federal Tax:37% marginal rate
State Tax: 4.7%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$1,162,522$387,154$54,639$720,730
2$1,209,023$404,359$56,824$747,840
3$1,257,384$422,252$59,097$776,035
4$1,307,680$440,862$61,461$805,357
5$1,359,987$460,215$63,919$835,852
6$1,414,386$480,343$66,476$867,567
7$1,470,962$501,276$69,135$900,550
8$1,529,800$523,046$71,901$934,853
9$1,590,992$545,687$74,777$970,528
10$1,654,632$569,234$77,768$1,007,630
11$1,720,817$593,723$80,878$1,046,216
12$1,789,650$619,191$84,114$1,086,346
13$1,861,236$645,678$87,478$1,128,080
14$1,935,685$673,224$90,977$1,171,484
15$2,013,113$701,872$94,616$1,216,624
16$2,093,637$731,666$98,401$1,263,570
17$2,177,383$762,652$102,337$1,312,394
18$2,264,478$794,877$106,430$1,363,170
19$2,355,057$828,391$110,688$1,415,978
20$2,449,259$863,246$115,115$1,470,898
21$2,547,230$899,495$119,720$1,528,015
22$2,649,119$937,194$124,509$1,587,416
23$2,755,084$976,401$129,489$1,649,194
24$2,865,287$1,017,177$134,668$1,713,442
25$2,979,899$1,059,583$140,055$1,780,261
26$3,099,095$1,103,685$145,657$1,849,752
27$3,223,058$1,149,552$151,484$1,922,023
28$3,351,981$1,197,253$157,543$1,997,185
29$3,486,060$1,246,862$163,845$2,075,353
30$3,625,502$1,298,456$170,399$2,156,648
Total$65,200,000$22,834,606$3,064,400$39,300,991

◄ 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.