USA Mega

Missouri Powerball Jackpot Annuity Payout Schedule for Oct 7, 2017

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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 $112,400,000 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, Oct 7, 2017
Jackpot:$112,400,000
Federal Tax:37% marginal rate
State Tax: 4.7%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$1,691,781$581,916$79,514$1,030,351
2$1,776,370$613,214$83,489$1,079,667
3$1,865,189$646,077$87,664$1,131,448
4$1,958,448$680,583$92,047$1,185,818
5$2,056,371$716,814$96,649$1,242,907
6$2,159,189$754,857$101,482$1,302,850
7$2,267,149$794,802$106,556$1,365,791
8$2,380,506$836,745$111,884$1,431,878
9$2,499,532$880,784$117,478$1,501,270
10$2,624,508$927,025$123,352$1,574,131
11$2,755,734$975,579$129,519$1,650,635
12$2,893,520$1,026,560$135,995$1,730,965
13$3,038,196$1,080,090$142,795$1,815,311
14$3,190,106$1,136,296$149,935$1,903,875
15$3,349,611$1,195,313$157,432$1,996,866
16$3,517,092$1,257,281$165,303$2,094,507
17$3,692,946$1,322,347$173,568$2,197,031
18$3,877,594$1,390,667$182,247$2,304,680
19$4,071,473$1,462,402$191,359$2,417,712
20$4,275,047$1,537,725$200,927$2,536,395
21$4,488,799$1,616,813$210,974$2,661,013
22$4,713,239$1,699,856$221,522$2,791,861
23$4,948,901$1,787,051$232,598$2,929,252
24$5,196,346$1,878,605$244,228$3,073,513
25$5,456,164$1,974,738$256,440$3,224,986
26$5,728,972$2,075,677$269,262$3,384,033
27$6,015,421$2,181,663$282,725$3,551,033
28$6,316,192$2,292,948$296,861$3,726,382
29$6,632,001$2,409,798$311,704$3,910,499
30$6,963,601$2,532,490$327,289$4,103,822
Total$112,400,000$40,266,716$5,282,798$66,850,482

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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.