USA Mega

Missouri Powerball Jackpot Annuity Payout Schedule for Aug 31, 2011

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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 $76,500,000 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:Wed, Aug 31, 2011
Jackpot:$76,500,000
Federal Tax:37% marginal rate
State Tax: 4.7%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$1,364,003$461,701$64,108$838,193
2$1,418,563$481,888$66,672$870,002
3$1,475,305$502,883$69,339$903,083
4$1,534,317$524,718$72,113$937,487
5$1,595,690$547,426$74,997$973,267
6$1,659,518$571,042$77,997$1,010,479
7$1,725,898$595,603$81,117$1,049,179
8$1,794,934$621,146$84,362$1,089,426
9$1,866,732$647,711$87,736$1,131,284
10$1,941,401$675,339$91,246$1,174,817
11$2,019,057$704,071$94,896$1,220,090
12$2,099,819$733,953$98,692$1,267,174
13$2,183,812$765,031$102,639$1,316,142
14$2,271,165$797,351$106,745$1,367,069
15$2,362,011$830,964$111,015$1,420,032
16$2,456,492$865,922$115,455$1,475,114
17$2,554,751$902,278$120,073$1,532,400
18$2,656,941$940,089$124,876$1,591,977
19$2,763,219$979,411$129,871$1,653,936
20$2,873,748$1,020,307$135,066$1,718,375
21$2,988,698$1,062,838$140,469$1,785,390
22$3,108,246$1,107,071$146,088$1,855,087
23$3,232,575$1,153,073$151,931$1,927,571
24$3,361,878$1,200,915$158,008$2,002,955
25$3,496,354$1,250,671$164,329$2,081,354
26$3,636,208$1,302,417$170,902$2,162,889
27$3,781,656$1,356,233$177,738$2,247,685
28$3,932,922$1,412,201$184,847$2,335,873
29$4,090,239$1,470,409$192,241$2,427,589
30$4,253,849$1,530,944$199,931$2,522,974
Total$76,500,000$27,015,606$3,595,499$45,888,893

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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.