USA Mega

Missouri Powerball Jackpot Annuity Payout Schedule for Aug 14, 2021

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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 $259,300,000 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:Sat, Aug 14, 2021
Jackpot:$259,300,000
Federal Tax:37% marginal rate
State Tax: 4.7%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$3,902,837$1,400,007$183,433$2,319,397
2$4,097,979$1,472,209$192,605$2,433,165
3$4,302,878$1,548,022$202,235$2,552,621
4$4,518,022$1,627,625$212,347$2,678,050
5$4,743,923$1,711,209$222,964$2,809,750
6$4,981,119$1,798,971$234,113$2,948,035
7$5,230,175$1,891,122$245,818$3,093,235
8$5,491,684$1,987,880$258,109$3,245,694
9$5,766,268$2,089,476$271,015$3,405,777
10$6,054,581$2,196,152$284,565$3,573,864
11$6,357,310$2,308,162$298,794$3,750,355
12$6,675,176$2,425,772$313,733$3,935,670
13$7,008,935$2,549,263$329,420$4,130,252
14$7,359,382$2,678,928$345,891$4,334,562
15$7,727,351$2,815,077$363,185$4,549,088
16$8,113,718$2,958,033$381,345$4,774,340
17$8,519,404$3,108,137$400,412$5,010,855
18$8,945,374$3,265,746$420,433$5,259,196
19$9,392,643$3,431,235$441,454$5,519,954
20$9,862,275$3,604,999$463,527$5,793,749
21$10,355,389$3,787,451$486,703$6,081,234
22$10,873,158$3,979,026$511,038$6,383,094
23$11,416,816$4,180,179$536,590$6,700,047
24$11,987,657$4,391,390$563,420$7,032,847
25$12,587,040$4,613,162$591,591$7,382,287
26$13,216,392$4,846,022$621,170$7,749,199
27$13,877,211$5,090,525$652,229$8,134,457
28$14,571,072$5,347,254$684,840$8,538,978
29$15,299,625$5,616,819$719,082$8,963,724
30$16,064,607$5,899,862$755,037$9,409,709
Total$259,300,001$94,619,715$12,187,098$152,493,185

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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.