USA Mega

Missouri Powerball Jackpot Annuity Payout Schedule for Mar 14, 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 $124,700,000 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, Mar 14, 2022
Jackpot:$124,700,000
Federal Tax:37% marginal rate
State Tax: 4.7%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$1,876,914$650,415$88,215$1,138,284
2$1,970,760$685,138$92,626$1,192,996
3$2,069,298$721,597$97,257$1,250,443
4$2,172,763$759,879$102,120$1,310,763
5$2,281,401$800,075$107,226$1,374,099
6$2,395,471$842,281$112,587$1,440,602
7$2,515,244$886,598$118,216$1,510,430
8$2,641,006$933,130$124,127$1,583,750
9$2,773,057$981,988$130,334$1,660,735
10$2,911,710$1,033,290$136,850$1,741,569
11$3,057,295$1,087,156$143,693$1,826,446
12$3,210,160$1,143,716$150,878$1,915,566
13$3,370,668$1,203,104$158,421$2,009,142
14$3,539,201$1,265,462$166,342$2,107,397
15$3,716,161$1,330,937$174,660$2,210,565
16$3,901,969$1,399,686$183,393$2,318,891
17$4,097,068$1,471,872$192,562$2,432,633
18$4,301,921$1,547,668$202,190$2,552,063
19$4,517,017$1,627,254$212,300$2,677,464
20$4,742,868$1,710,818$222,915$2,809,135
21$4,980,011$1,798,561$234,061$2,947,389
22$5,229,012$1,890,692$245,764$3,092,557
23$5,490,463$1,987,428$258,052$3,244,982
24$5,764,986$2,089,002$270,954$3,405,029
25$6,053,235$2,195,654$284,502$3,573,079
26$6,355,897$2,307,639$298,727$3,749,531
27$6,673,692$2,425,223$313,664$3,934,805
28$7,007,376$2,548,686$329,347$4,129,343
29$7,357,745$2,678,323$345,814$4,333,608
30$7,725,632$2,814,441$363,105$4,548,086
Total$124,700,000$44,817,713$5,860,902$74,021,382

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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.