USA Mega

Missouri Powerball Jackpot Annuity Payout Schedule for Aug 10, 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 $228,900,000 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, Aug 10, 2011
Jackpot:$228,900,000
Federal Tax:37% marginal rate
State Tax: 4.7%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$4,081,310$1,466,042$191,822$2,423,446
2$4,244,562$1,526,445$199,494$2,518,622
3$4,414,345$1,589,265$207,474$2,617,606
4$4,590,918$1,654,597$215,773$2,720,548
5$4,774,555$1,722,543$224,404$2,827,608
6$4,965,537$1,793,206$233,380$2,938,951
7$5,164,159$1,866,696$242,715$3,054,747
8$5,370,725$1,943,126$252,424$3,175,175
9$5,585,554$2,022,612$262,521$3,300,421
10$5,808,976$2,105,278$273,022$3,430,676
11$6,041,335$2,191,251$283,943$3,566,141
12$6,282,989$2,280,663$295,300$3,707,025
13$6,534,308$2,373,651$307,112$3,853,544
14$6,795,681$2,470,359$319,397$4,005,925
15$7,067,508$2,570,935$332,173$4,164,400
16$7,350,208$2,675,534$345,460$4,329,214
17$7,644,217$2,784,317$359,278$4,500,621
18$7,949,985$2,897,452$373,649$4,678,884
19$8,267,985$3,015,112$388,595$4,864,278
20$8,598,704$3,137,478$404,139$5,057,087
21$8,942,652$3,264,739$420,305$5,257,609
22$9,300,358$3,397,090$437,117$5,466,152
23$9,672,373$3,534,735$454,602$5,683,036
24$10,059,267$3,677,886$472,786$5,908,596
25$10,461,638$3,826,763$491,697$6,143,178
26$10,880,104$3,981,596$511,365$6,387,143
27$11,315,308$4,142,621$531,819$6,640,867
28$11,767,920$4,310,088$553,092$6,904,740
29$12,238,637$4,484,253$575,216$7,179,168
30$12,728,182$4,665,385$598,225$7,464,573
Total$228,900,000$83,371,718$10,758,299$134,769,981

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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.