USA Mega

Missouri Powerball Jackpot Annuity Payout Schedule for Jun 29, 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 $366,700,000 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:Wed, Jun 29, 2022
Jackpot:$366,700,000
Federal Tax:37% marginal rate
State Tax: 4.7%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$5,519,361$1,998,121$259,410$3,261,830
2$5,795,329$2,100,229$272,380$3,422,720
3$6,085,096$2,207,443$285,999$3,591,654
4$6,389,351$2,320,017$300,299$3,769,034
5$6,708,818$2,438,220$315,314$3,955,284
6$7,044,259$2,562,333$331,080$4,150,846
7$7,396,472$2,692,652$347,634$4,356,186
8$7,766,296$2,829,487$365,016$4,571,793
9$8,154,610$2,973,163$383,267$4,798,181
10$8,562,341$3,124,023$402,430$5,035,887
11$8,990,458$3,282,427$422,552$5,285,480
12$9,439,981$3,448,750$443,679$5,547,552
13$9,911,980$3,623,390$465,863$5,822,727
14$10,407,579$3,806,761$489,156$6,111,661
15$10,927,958$3,999,302$513,614$6,415,042
16$11,474,356$4,201,469$539,295$6,733,592
17$12,048,073$4,413,744$566,259$7,068,070
18$12,650,477$4,636,634$594,572$7,419,271
19$13,283,001$4,870,668$624,301$7,788,032
20$13,947,151$5,116,403$655,516$8,175,232
21$14,644,508$5,374,425$688,292$8,581,791
22$15,376,734$5,645,349$722,706$9,008,679
23$16,145,571$5,929,818$758,842$9,456,910
24$16,952,849$6,228,511$796,784$9,927,554
25$17,800,491$6,542,139$836,623$10,421,729
26$18,690,516$6,871,448$878,454$10,940,614
27$19,625,042$7,217,223$922,377$11,485,442
28$20,606,294$7,580,286$968,496$12,057,512
29$21,636,609$7,961,502$1,016,921$12,658,186
30$22,718,439$8,361,780$1,067,767$13,288,893
Total$366,700,001$134,357,717$17,234,898$215,107,384

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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.