USA Mega

Missouri Powerball Jackpot Annuity Payout Schedule for Jan 5, 2019

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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 $68,200,000 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, Jan 5, 2019
Jackpot:$68,200,000
Federal Tax:37% marginal rate
State Tax: 4.7%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$1,026,508$335,765$48,246$642,497
2$1,077,833$354,756$50,658$672,420
3$1,131,725$374,695$53,191$703,838
4$1,188,311$395,632$55,851$736,828
5$1,247,727$417,616$58,643$771,467
6$1,310,113$440,699$61,575$807,839
7$1,375,619$464,936$64,654$846,028
8$1,444,400$490,385$67,887$886,128
9$1,516,620$517,107$71,281$928,232
10$1,592,451$545,164$74,845$972,441
11$1,672,073$574,624$78,587$1,018,861
12$1,755,677$605,558$82,517$1,067,602
13$1,843,461$638,038$86,643$1,118,780
14$1,935,634$672,142$90,975$1,172,517
15$2,032,415$707,951$95,524$1,228,941
16$2,134,036$745,551$100,300$1,288,186
17$2,240,738$785,030$105,315$1,350,393
18$2,352,775$826,484$110,580$1,415,710
19$2,470,414$870,010$116,109$1,484,294
20$2,593,934$915,713$121,915$1,556,306
21$2,723,631$963,701$128,011$1,631,920
22$2,859,813$1,014,088$134,411$1,711,313
23$3,002,803$1,066,994$141,132$1,794,677
24$3,152,943$1,122,546$148,188$1,882,209
25$3,310,590$1,180,876$155,598$1,974,117
26$3,476,120$1,242,122$163,378$2,070,621
27$3,649,926$1,306,430$171,547$2,171,950
28$3,832,422$1,373,953$180,124$2,278,345
29$4,024,043$1,444,853$189,130$2,390,060
30$4,225,246$1,519,298$198,587$2,507,361
Total$68,200,000$23,912,717$3,205,402$41,081,881

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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.