USA Mega

Missouri Powerball Jackpot Annuity Payout Schedule for Nov 10, 2012

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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 $163,500,000 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, Nov 10, 2012
Jackpot:$163,500,000
Federal Tax:37% marginal rate
State Tax: 4.7%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$2,915,221$1,034,589$137,015$1,743,617
2$3,031,830$1,077,734$142,496$1,811,600
3$3,153,103$1,122,605$148,196$1,882,302
4$3,279,227$1,169,271$154,124$1,955,832
5$3,410,396$1,217,804$160,289$2,032,304
6$3,546,812$1,268,278$166,700$2,111,834
7$3,688,685$1,320,771$173,368$2,194,546
8$3,836,232$1,375,363$180,303$2,280,566
9$3,989,682$1,432,139$187,515$2,370,027
10$4,149,269$1,491,187$195,016$2,463,066
11$4,315,240$1,552,596$202,816$2,559,827
12$4,487,849$1,616,461$210,929$2,660,459
13$4,667,363$1,682,882$219,366$2,765,115
14$4,854,058$1,751,959$228,141$2,873,958
15$5,048,220$1,823,799$237,266$2,987,155
16$5,250,149$1,898,512$246,757$3,104,879
17$5,460,155$1,976,214$256,627$3,227,313
18$5,678,561$2,057,025$266,892$3,354,644
19$5,905,703$2,141,067$277,568$3,487,068
20$6,141,931$2,228,472$288,671$3,624,789
21$6,387,609$2,319,372$300,218$3,768,019
22$6,643,113$2,413,909$312,226$3,916,978
23$6,908,838$2,512,227$324,715$4,071,895
24$7,185,191$2,614,478$337,704$4,233,009
25$7,472,599$2,720,819$351,212$4,400,568
26$7,771,503$2,831,413$365,261$4,574,829
27$8,082,363$2,946,431$379,871$4,756,060
28$8,405,657$3,066,050$395,066$4,944,541
29$8,741,884$3,190,454$410,869$5,140,561
30$9,091,559$3,319,834$427,303$5,344,422
Total$163,500,000$59,173,715$7,684,500$96,641,783

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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.