USA Mega

Missouri Powerball Jackpot Annuity Payout Schedule for Aug 28, 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 $325,600,000 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 28, 2021
Jackpot:$325,600,000
Federal Tax:37% marginal rate
State Tax: 4.7%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$4,900,747$1,769,234$230,335$2,901,178
2$5,145,785$1,859,898$241,852$3,044,035
3$5,403,074$1,955,095$253,944$3,194,035
4$5,673,228$2,055,051$266,642$3,351,534
5$5,956,889$2,160,006$279,974$3,516,909
6$6,254,733$2,270,209$293,972$3,690,552
7$6,567,470$2,385,921$308,671$3,872,878
8$6,895,844$2,507,419$324,105$4,064,320
9$7,240,636$2,634,993$340,310$4,265,333
10$7,602,668$2,768,944$357,325$4,476,398
11$7,982,801$2,909,594$375,192$4,698,016
12$8,381,941$3,057,275$393,951$4,930,714
13$8,801,038$3,212,341$413,649$5,175,048
14$9,241,090$3,375,161$434,331$5,431,598
15$9,703,144$3,546,121$456,048$5,700,976
16$10,188,302$3,725,629$478,850$5,983,823
17$10,697,717$3,914,112$502,793$6,280,812
18$11,232,603$4,112,020$527,932$6,592,650
19$11,794,233$4,319,823$554,329$6,920,080
20$12,383,944$4,538,017$582,045$7,263,882
21$13,003,141$4,767,120$611,148$7,624,874
22$13,653,299$5,007,678$641,705$8,003,916
23$14,335,964$5,260,264$673,790$8,401,909
24$15,052,762$5,525,479$707,480$8,819,803
25$15,805,400$5,803,955$742,854$9,258,591
26$16,595,670$6,096,355$779,996$9,719,318
27$17,425,453$6,403,375$818,996$10,203,082
28$18,296,726$6,725,746$859,946$10,711,034
29$19,211,562$7,064,235$902,943$11,244,383
30$20,172,140$7,419,649$948,091$11,804,401
Total$325,600,001$119,150,719$15,303,199$191,146,082

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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.