USA Mega

Missouri Powerball Jackpot Annuity Payout Schedule for Feb 19, 2022

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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 $31,300,000 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, Feb 19, 2022
Jackpot:$31,300,000
Federal Tax:37% marginal rate
State Tax: 4.7%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$471,110$133,658$22,142$315,310
2$494,665$141,902$23,249$329,514
3$519,399$150,559$24,412$344,428
4$545,369$159,648$25,632$360,088
5$572,637$169,192$26,914$376,531
6$601,269$179,213$28,260$393,796
7$631,332$189,736$29,673$411,924
8$662,899$201,230$31,156$430,513
9$696,044$213,494$32,714$449,836
10$730,846$226,370$34,350$470,126
11$767,388$239,891$36,067$491,430
12$805,758$254,088$37,871$513,800
13$846,046$268,994$39,764$537,287
14$888,348$284,646$41,752$561,950
15$932,765$301,080$43,840$587,845
16$979,404$318,337$46,032$615,035
17$1,028,374$336,456$48,334$643,585
18$1,079,793$355,480$50,750$673,562
19$1,133,782$375,457$53,288$705,038
20$1,190,471$396,432$55,952$738,088
21$1,249,995$418,455$58,750$772,790
22$1,312,495$441,580$61,687$809,227
23$1,378,119$465,861$64,772$847,486
24$1,447,025$491,357$68,010$887,658
25$1,519,377$518,127$71,411$929,839
26$1,595,345$546,235$74,981$974,129
27$1,675,113$575,749$78,730$1,020,633
28$1,758,868$606,739$82,667$1,069,463
29$1,846,812$639,278$86,800$1,120,734
30$1,939,152$673,444$91,140$1,174,569
Total$31,300,000$10,272,688$1,471,100$19,556,214

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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.