USA Mega

Missouri Powerball Jackpot Annuity Payout Schedule for Jun 10, 2017

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The tax information provided here is based on 2024 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 $447,800,000 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 10, 2017
Jackpot:$447,800,000
Federal Tax:37% marginal rate
State Tax: 4.95%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$6,740,033$2,452,000$333,632$3,954,401
2$7,077,034$2,576,690$350,313$4,150,031
3$7,430,886$2,707,616$367,829$4,355,442
4$7,802,430$2,845,087$386,220$4,571,123
5$8,192,552$2,989,432$405,531$4,797,588
6$8,602,179$3,140,994$425,808$5,035,377
7$9,032,289$3,300,135$447,098$5,285,056
8$9,483,903$3,467,232$469,453$5,547,218
9$9,958,098$3,642,684$492,926$5,822,488
10$10,456,003$3,826,909$517,572$6,111,522
11$10,978,803$4,020,345$543,451$6,415,007
12$11,527,743$4,223,453$570,623$6,733,667
13$12,104,130$4,436,716$599,154$7,068,260
14$12,709,337$4,660,642$629,112$7,419,582
15$13,344,804$4,895,765$660,568$7,788,471
16$14,012,044$5,142,644$693,596$8,175,804
17$14,712,646$5,401,867$728,276$8,582,503
18$15,448,278$5,674,051$764,690$9,009,538
19$16,220,692$5,959,844$802,924$9,457,924
20$17,031,727$6,259,927$843,070$9,928,730
21$17,883,313$6,575,014$885,224$10,423,075
22$18,777,479$6,905,855$929,485$10,942,139
23$19,716,353$7,253,238$975,959$11,487,155
24$20,702,170$7,617,991$1,024,757$12,059,422
25$21,737,279$8,000,981$1,075,995$12,660,303
26$22,824,143$8,403,121$1,129,795$13,291,227
27$23,965,350$8,825,367$1,186,285$13,953,698
28$25,163,617$9,268,726$1,245,599$14,649,292
29$26,421,798$9,734,253$1,307,879$15,379,666
30$27,742,888$10,223,056$1,373,273$16,146,559
Total$447,800,001$164,431,635$22,166,097$261,202,268

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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.