USA Mega

Missouri Powerball Jackpot Annuity Payout Schedule for Jan 29, 2020

Media: You may freely use any information on this page, but you must credit usamega.com.

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 $396,900,000 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, Jan 29, 2020
Jackpot:$396,900,000
Federal Tax:37% marginal rate
State Tax: 4.7%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$5,973,915$2,166,306$280,774$3,526,835
2$6,272,610$2,276,823$294,813$3,700,975
3$6,586,241$2,392,866$309,553$3,883,821
4$6,915,553$2,514,712$325,031$4,075,810
5$7,261,330$2,642,649$341,283$4,277,398
6$7,624,397$2,776,984$358,347$4,489,066
7$8,005,617$2,918,036$376,264$4,711,318
8$8,405,898$3,066,139$395,077$4,944,681
9$8,826,193$3,221,649$414,831$5,189,713
10$9,267,502$3,384,933$435,573$5,446,997
11$9,730,877$3,556,382$457,351$5,717,144
12$10,217,421$3,736,403$480,219$6,000,799
13$10,728,292$3,925,425$504,230$6,298,637
14$11,264,707$4,123,899$529,441$6,611,367
15$11,827,942$4,332,296$555,913$6,939,733
16$12,419,340$4,551,113$583,709$7,284,518
17$13,040,306$4,780,871$612,894$7,646,541
18$13,692,322$5,022,116$643,539$8,026,666
19$14,376,938$5,275,424$675,716$8,425,797
20$15,095,785$5,541,398$709,502$8,844,885
21$15,850,574$5,820,670$744,977$9,284,927
22$16,643,103$6,113,905$782,226$9,746,972
23$17,475,258$6,421,803$821,337$10,232,118
24$18,349,020$6,745,095$862,404$10,741,522
25$19,266,471$7,084,552$905,524$11,276,396
26$20,229,795$7,440,982$950,800$11,838,013
27$21,241,285$7,815,233$998,340$12,427,712
28$22,303,349$8,208,196$1,048,257$13,046,895
29$23,418,517$8,620,808$1,100,670$13,697,038
30$24,589,443$9,054,051$1,155,704$14,379,688
Total$396,900,001$145,531,719$18,654,299$232,713,982

◄ Back to Jackpot Analysis

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.