USA Mega

Missouri Powerball Jackpot Annuity Payout Schedule for Sep 26, 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 $266,600,000 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:Sat, Sep 26, 2015
Jackpot:$266,600,000
Federal Tax:37% marginal rate
State Tax: 4.7%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$4,753,504$1,714,754$223,415$2,815,336
2$4,943,645$1,785,106$232,351$2,926,188
3$5,141,390$1,858,272$241,645$3,041,473
4$5,347,046$1,934,364$251,311$3,161,371
5$5,560,928$2,013,501$261,364$3,286,064
6$5,783,365$2,095,802$271,818$3,415,745
7$6,014,700$2,181,396$282,691$3,550,613
8$6,255,288$2,270,414$293,999$3,690,875
9$6,505,499$2,362,992$305,758$3,836,749
10$6,765,719$2,459,273$317,989$3,988,457
11$7,036,348$2,559,406$330,708$4,146,233
12$7,317,802$2,663,544$343,937$4,310,321
13$7,610,514$2,771,847$357,694$4,480,972
14$7,914,934$2,884,483$372,002$4,658,449
15$8,231,532$3,001,624$386,882$4,843,026
16$8,560,793$3,123,451$402,357$5,034,985
17$8,903,225$3,250,150$418,452$5,234,623
18$9,259,354$3,381,918$435,190$5,442,246
19$9,629,728$3,518,957$452,597$5,658,174
20$10,014,917$3,661,476$470,701$5,882,739
21$10,415,514$3,809,697$489,529$6,116,287
22$10,832,134$3,963,847$509,110$6,359,177
23$11,265,419$4,124,162$529,475$6,611,782
24$11,716,036$4,290,891$550,654$6,874,492
25$12,184,678$4,464,288$572,680$7,147,710
26$12,672,065$4,644,621$595,587$7,431,857
27$13,178,947$4,832,168$619,411$7,727,369
28$13,706,105$5,027,216$644,187$8,034,702
29$14,254,350$5,230,067$669,954$8,354,329
30$14,824,523$5,441,031$696,753$8,686,740
Total$266,600,000$97,320,718$12,530,201$156,749,084

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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.