USA Mega

Missouri Powerball Jackpot Annuity Payout Schedule for May 28, 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 $149,700,000 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:Sat, May 28, 2022
Jackpot:$149,700,000
Federal Tax:37% marginal rate
State Tax: 4.7%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$2,253,200$789,641$105,900$1,357,658
2$2,365,860$831,325$111,195$1,423,339
3$2,484,153$875,094$116,755$1,492,304
4$2,608,361$921,051$122,593$1,564,717
5$2,738,778$969,305$128,723$1,640,751
6$2,875,717$1,019,973$135,159$1,720,586
7$3,019,503$1,073,173$141,917$1,804,413
8$3,170,478$1,129,034$149,012$1,892,432
9$3,329,002$1,187,688$156,463$1,984,851
10$3,495,452$1,249,275$164,286$2,081,892
11$3,670,225$1,313,941$172,501$2,183,784
12$3,853,736$1,381,840$181,126$2,290,771
13$4,046,423$1,453,134$190,182$2,403,107
14$4,248,744$1,527,993$199,691$2,521,061
15$4,461,182$1,606,594$209,676$2,644,912
16$4,684,241$1,689,126$220,159$2,774,955
17$4,918,453$1,775,785$231,167$2,911,501
18$5,164,375$1,866,776$242,726$3,054,874
19$5,422,594$1,962,317$254,862$3,205,415
20$5,693,724$2,062,635$267,605$3,363,484
21$5,978,410$2,167,969$280,985$3,529,456
22$6,277,330$2,278,570$295,035$3,703,726
23$6,591,197$2,394,700$309,786$3,886,711
24$6,920,757$2,516,637$325,276$4,078,844
25$7,266,795$2,644,671$341,539$4,280,584
26$7,630,134$2,779,107$358,616$4,492,411
27$8,011,641$2,920,264$376,547$4,714,830
28$8,412,223$3,068,480$395,374$4,948,369
29$8,832,834$3,224,106$415,143$5,193,585
30$9,274,476$3,387,513$435,900$5,451,062
Total$149,700,000$54,067,717$7,035,899$88,596,385

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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.