USA Mega

Missouri Powerball Jackpot Annuity Payout Schedule for Jun 7, 2014

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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 $227,400,000 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, Jun 7, 2014
Jackpot:$227,400,000
Federal Tax:37% marginal rate
State Tax: 4.7%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$4,054,565$1,456,146$190,565$2,407,854
2$4,216,747$1,516,154$198,187$2,502,406
3$4,385,417$1,578,562$206,115$2,600,741
4$4,560,834$1,643,466$214,359$2,703,009
5$4,743,267$1,710,966$222,934$2,809,367
6$4,932,998$1,781,166$231,851$2,919,980
7$5,130,318$1,854,175$241,125$3,035,018
8$5,335,530$1,930,103$250,770$3,154,657
9$5,548,952$2,009,069$260,801$3,279,082
10$5,770,910$2,091,194$271,233$3,408,483
11$6,001,746$2,176,603$282,082$3,543,061
12$6,241,816$2,265,429$293,365$3,683,021
13$6,491,488$2,357,808$305,100$3,828,581
14$6,751,148$2,453,882$317,304$3,979,962
15$7,021,194$2,553,799$329,996$4,137,399
16$7,302,042$2,657,713$343,196$4,301,133
17$7,594,123$2,765,783$356,924$4,471,417
18$7,897,888$2,878,176$371,201$4,648,512
19$8,213,804$2,995,065$386,049$4,832,690
20$8,542,356$3,116,629$401,491$5,024,236
21$8,884,050$3,243,056$417,550$5,223,444
22$9,239,412$3,374,540$434,252$5,430,620
23$9,608,989$3,511,283$451,622$5,646,083
24$9,993,348$3,653,496$469,687$5,870,165
25$10,393,082$3,801,398$488,475$6,103,210
26$10,808,805$3,955,215$508,014$6,345,576
27$11,241,158$4,115,186$528,334$6,597,638
28$11,690,804$4,281,555$549,468$6,859,781
29$12,158,436$4,454,579$571,446$7,132,411
30$12,644,774$4,634,523$594,304$7,415,946
Total$227,400,000$82,816,719$10,687,800$133,895,483

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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.