USA Mega

Missouri Powerball Jackpot Annuity Payout Schedule for Feb 21, 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 $37,600,000 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:Mon, Feb 21, 2022
Jackpot:$37,600,000
Federal Tax:37% marginal rate
State Tax: 4.7%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$565,934$166,846$26,599$372,489
2$594,231$176,750$27,929$389,552
3$623,942$187,149$29,325$407,468
4$655,139$198,359$30,792$425,989
5$687,896$210,479$32,331$445,086
6$722,291$223,205$33,948$465,138
7$758,406$236,567$35,645$486,193
8$796,326$250,598$37,427$508,301
9$836,142$265,330$39,299$531,514
10$877,949$280,798$41,264$555,887
11$921,847$297,041$43,327$581,479
12$967,939$314,095$45,493$608,351
13$1,016,336$332,002$47,768$636,567
14$1,067,153$350,804$50,156$666,193
15$1,120,511$370,546$52,664$697,300
16$1,176,536$391,276$55,297$729,963
17$1,235,363$413,042$58,062$764,259
18$1,297,131$435,896$60,965$800,270
19$1,361,988$459,893$64,013$838,081
20$1,430,087$485,089$67,214$877,783
21$1,501,591$511,546$70,575$919,470
22$1,576,671$539,325$74,104$963,242
23$1,655,504$568,494$77,809$1,009,202
24$1,738,280$599,121$81,699$1,057,460
25$1,825,194$631,279$85,784$1,108,131
26$1,916,453$665,045$90,073$1,161,335
27$2,012,276$700,499$94,577$1,217,200
28$2,112,890$737,726$99,306$1,275,857
29$2,218,534$776,815$104,271$1,337,448
30$2,329,461$817,858$109,485$1,402,118
Total$37,600,000$12,593,473$1,767,201$23,239,326

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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.