USA Mega

Missouri Powerball Jackpot Annuity Payout Schedule for Sep 19, 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 $211,500,000 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, Sep 19, 2015
Jackpot:$211,500,000
Federal Tax:37% marginal rate
State Tax: 4.7%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$3,771,066$1,351,252$177,240$2,242,574
2$3,921,909$1,407,063$184,330$2,330,515
3$4,078,785$1,465,108$191,703$2,421,974
4$4,241,936$1,525,474$199,371$2,517,092
5$4,411,614$1,588,254$207,346$2,616,014
6$4,588,078$1,653,546$215,640$2,718,892
7$4,771,601$1,721,450$224,265$2,825,886
8$4,962,466$1,792,070$233,236$2,937,160
9$5,160,964$1,865,514$242,565$3,052,885
10$5,367,403$1,941,896$252,268$3,173,239
11$5,582,099$2,021,334$262,359$3,298,406
12$5,805,383$2,103,949$272,853$3,428,581
13$6,037,598$2,189,869$283,767$3,563,962
14$6,279,102$2,279,225$295,118$3,704,759
15$6,530,266$2,372,156$306,923$3,851,188
16$6,791,477$2,468,804$319,199$4,003,474
17$7,063,136$2,569,318$331,967$4,161,851
18$7,345,661$2,673,852$345,246$4,326,563
19$7,639,488$2,782,568$359,056$4,497,864
20$7,945,067$2,895,632$373,418$4,676,017
21$8,262,870$3,013,219$388,355$4,861,296
22$8,593,385$3,135,510$403,889$5,053,986
23$8,937,120$3,262,692$420,045$5,254,384
24$9,294,605$3,394,961$436,846$5,462,797
25$9,666,389$3,532,521$454,320$5,679,548
26$10,053,045$3,675,584$472,493$5,904,968
27$10,455,166$3,824,369$491,393$6,139,405
28$10,873,373$3,979,105$511,049$6,383,219
29$11,308,308$4,140,031$531,490$6,636,786
30$11,760,640$4,307,394$552,750$6,900,496
Total$211,500,000$76,933,720$9,940,500$124,625,781

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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.