USA Mega

Missouri Powerball Jackpot Annuity Payout Schedule for May 25, 2013

Media: You may freely use any information on this page, but you must credit usamega.com.

The tax information provided here is based on 2022 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 $50,000,000 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 prize money, as well as deductions claimed.

State:

Missouri

Drawing Date:Sat, May 25, 2013
Jackpot:$50,000,000
Federal Tax:37% marginal rate
State Tax: 4.95%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$891,505$292,812$44,129$554,564
2$927,165$306,006$45,895$575,264
3$964,252$319,728$47,730$596,793
4$1,002,822$333,999$49,640$619,183
5$1,042,935$348,841$51,625$642,469
6$1,084,652$364,276$53,690$666,686
7$1,128,038$380,329$55,838$691,871
8$1,173,160$397,024$58,071$718,064
9$1,220,086$414,387$60,394$745,305
10$1,268,890$432,444$62,810$773,635
11$1,319,645$451,224$65,322$803,099
12$1,372,431$470,754$67,935$833,741
13$1,427,328$491,066$70,653$865,609
14$1,484,421$512,191$73,479$898,752
15$1,543,798$534,160$76,418$933,220
16$1,605,550$557,009$79,475$969,067
17$1,669,772$580,771$82,654$1,006,348
18$1,736,563$605,483$85,960$1,045,120
19$1,806,025$631,184$89,398$1,085,443
20$1,878,266$657,914$92,974$1,127,379
21$1,953,397$685,712$96,693$1,170,992
22$2,031,533$714,622$100,561$1,216,350
23$2,112,794$744,689$104,583$1,263,522
24$2,197,306$775,958$108,767$1,312,581
25$2,285,198$808,478$113,117$1,363,603
26$2,376,606$842,299$117,642$1,416,665
27$2,471,671$877,473$122,348$1,471,850
28$2,570,537$914,054$127,242$1,529,242
29$2,673,359$952,098$132,331$1,588,930
30$2,780,293$991,663$137,625$1,651,005
Total$50,000,000$17,388,648$2,474,999$30,136,352

◄ 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.