USA Mega

Missouri Powerball Jackpot Annuity Payout Schedule for Apr 11, 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 $94,500,000 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, Apr 11, 2012
Jackpot:$94,500,000
Federal Tax:37% marginal rate
State Tax: 4.7%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$1,684,944$579,387$79,192$1,026,365
2$1,752,342$604,324$82,360$1,065,658
3$1,822,436$630,259$85,654$1,106,523
4$1,895,333$657,231$89,081$1,149,022
5$1,971,147$685,281$92,644$1,193,221
6$2,049,992$714,454$96,350$1,239,188
7$2,131,992$744,794$100,204$1,286,994
8$2,217,272$776,348$104,212$1,336,712
9$2,305,963$809,163$108,380$1,388,419
10$2,398,201$843,292$112,715$1,442,194
11$2,494,129$878,785$117,224$1,498,120
12$2,593,894$915,698$121,913$1,556,283
13$2,697,650$954,088$126,790$1,616,773
14$2,805,556$994,013$131,861$1,679,682
15$2,917,778$1,035,535$137,136$1,745,108
16$3,034,490$1,078,718$142,621$1,813,150
17$3,155,869$1,123,629$148,326$1,883,914
18$3,282,104$1,170,336$154,259$1,957,509
19$3,413,388$1,218,911$160,429$2,034,048
20$3,549,924$1,269,429$166,846$2,113,648
21$3,691,921$1,321,968$173,520$2,196,432
22$3,839,597$1,376,608$180,461$2,282,528
23$3,993,181$1,433,434$187,680$2,372,067
24$4,152,909$1,492,533$195,187$2,465,188
25$4,319,025$1,553,996$202,994$2,562,034
26$4,491,786$1,617,918$211,114$2,662,754
27$4,671,457$1,684,396$219,558$2,767,502
28$4,858,316$1,753,534$228,341$2,876,441
29$5,052,648$1,825,437$237,474$2,989,737
30$5,254,754$1,900,216$246,973$3,107,564
Total$94,500,000$33,643,715$4,441,499$56,414,778

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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.