USA Mega

Missouri Powerball Jackpot Annuity Payout Schedule for May 13, 2020

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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 $78,100,000 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, May 13, 2020
Jackpot:$78,100,000
Federal Tax:37% marginal rate
State Tax: 4.7%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$1,175,517$390,899$55,249$729,369
2$1,234,293$412,646$58,012$763,636
3$1,296,008$435,480$60,912$799,615
4$1,360,808$459,456$63,958$837,394
5$1,428,848$484,631$67,156$877,061
6$1,500,291$511,065$70,514$918,712
7$1,575,305$538,820$74,039$962,446
8$1,654,071$567,963$77,741$1,008,366
9$1,736,774$598,564$81,628$1,056,582
10$1,823,613$630,694$85,710$1,107,209
11$1,914,793$664,431$89,995$1,160,367
12$2,010,533$699,855$94,495$1,216,184
13$2,111,060$737,049$99,220$1,274,791
14$2,216,613$776,104$104,181$1,336,328
15$2,327,443$817,111$109,390$1,400,942
16$2,443,816$860,169$114,859$1,468,787
17$2,566,006$905,380$120,602$1,540,024
18$2,694,307$952,851$126,632$1,614,824
19$2,829,022$1,002,695$132,964$1,693,363
20$2,970,473$1,055,032$139,612$1,775,829
21$3,118,997$1,109,986$146,593$1,862,418
22$3,274,947$1,167,687$153,922$1,953,337
23$3,438,694$1,228,274$161,619$2,048,801
24$3,610,629$1,291,890$169,700$2,149,039
25$3,791,160$1,358,686$178,185$2,254,289
26$3,980,718$1,428,823$187,094$2,364,801
27$4,179,754$1,502,466$196,448$2,480,839
28$4,388,742$1,579,792$206,271$2,602,679
29$4,608,179$1,660,983$216,584$2,730,611
30$4,838,588$1,746,235$227,414$2,864,939
Total$78,100,000$27,575,717$3,670,699$46,853,582

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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.