USA Mega

Missouri Powerball Jackpot Annuity Payout Schedule for Jan 14, 2015

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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 $176,600,000 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, Jan 14, 2015
Jackpot:$176,600,000
Federal Tax:37% marginal rate
State Tax: 4.7%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$3,148,796$1,121,012$147,993$1,879,791
2$3,274,747$1,167,614$153,913$1,953,220
3$3,405,737$1,216,080$160,070$2,029,588
4$3,541,967$1,266,485$166,472$2,109,009
5$3,683,645$1,318,906$173,131$2,191,608
6$3,830,991$1,373,424$180,057$2,277,511
7$3,984,231$1,430,123$187,259$2,366,849
8$4,143,600$1,489,089$194,749$2,459,762
9$4,309,344$1,550,415$202,539$2,556,390
10$4,481,718$1,614,193$210,641$2,656,884
11$4,660,987$1,680,522$219,066$2,761,398
12$4,847,426$1,749,505$227,829$2,870,092
13$5,041,323$1,821,247$236,942$2,983,134
14$5,242,976$1,895,858$246,420$3,100,698
15$5,452,695$1,973,454$256,277$3,222,964
16$5,670,803$2,054,154$266,528$3,350,121
17$5,897,635$2,138,082$277,189$3,482,364
18$6,133,540$2,225,367$288,276$3,619,897
19$6,378,882$2,316,144$299,807$3,762,931
20$6,634,037$2,410,551$311,800$3,911,686
21$6,899,399$2,508,735$324,272$4,066,392
22$7,175,375$2,610,846$337,243$4,227,286
23$7,462,390$2,717,041$350,732$4,394,616
24$7,760,885$2,827,485$364,762$4,568,639
25$8,071,321$2,942,346$379,352$4,749,623
26$8,394,173$3,061,801$394,526$4,937,846
27$8,729,940$3,186,035$410,307$5,133,598
28$9,079,138$3,315,238$426,719$5,337,180
29$9,442,304$3,449,610$443,788$5,548,906
30$9,819,996$3,589,356$461,540$5,769,100
Total$176,600,000$64,020,718$8,300,199$104,279,083

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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.