USA Mega

Missouri Powerball Jackpot Annuity Payout Schedule for Jun 21, 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 $65,300,000 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, Jun 21, 2017
Jackpot:$65,300,000
Federal Tax:37% marginal rate
State Tax: 4.7%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$982,859$319,615$46,194$617,049
2$1,032,002$337,798$48,504$645,700
3$1,083,602$356,890$50,929$675,783
4$1,137,782$376,937$53,476$707,370
5$1,194,671$397,985$56,150$740,536
6$1,254,404$420,087$58,957$775,361
7$1,317,125$443,293$61,905$811,926
8$1,382,981$467,660$65,000$850,321
9$1,452,130$493,245$68,250$890,635
10$1,524,736$520,110$71,663$932,964
11$1,600,973$548,317$75,246$977,410
12$1,681,022$577,935$79,008$1,024,079
13$1,765,073$609,034$82,958$1,073,080
14$1,853,327$641,688$87,106$1,124,532
15$1,945,993$675,975$91,462$1,178,557
16$2,043,293$711,976$96,035$1,235,282
17$2,145,457$749,776$100,836$1,294,844
18$2,252,730$789,467$105,878$1,357,384
19$2,365,367$831,143$111,172$1,423,052
20$2,483,635$874,902$116,731$1,492,002
21$2,607,817$920,849$122,567$1,564,400
22$2,738,208$969,094$128,696$1,640,418
23$2,875,118$1,019,751$135,131$1,720,237
24$3,018,874$1,072,941$141,887$1,804,046
25$3,169,818$1,128,790$148,981$1,892,046
26$3,328,308$1,187,431$156,430$1,984,447
27$3,494,724$1,249,005$164,252$2,081,467
28$3,669,460$1,313,657$172,465$2,183,338
29$3,852,933$1,381,542$181,088$2,290,303
30$4,045,580$1,452,822$190,142$2,402,616
Total$65,300,000$22,839,715$3,069,099$39,391,185

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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.