USA Mega

Missouri Powerball Jackpot Annuity Payout Schedule for Jul 13, 2022

Media: You may freely use any information on this page, but you must credit usamega.com.

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 $67,800,000 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, Jul 13, 2022
Jackpot:$67,800,000
Federal Tax:37% marginal rate
State Tax: 4.7%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$1,020,487$333,538$47,963$638,987
2$1,071,512$352,417$50,361$668,734
3$1,125,087$372,240$52,879$699,969
4$1,181,342$393,054$55,523$732,765
5$1,240,409$414,908$58,299$767,201
6$1,302,429$437,856$61,214$803,359
7$1,367,551$461,951$64,275$841,325
8$1,435,928$487,251$67,489$881,189
9$1,507,725$513,815$70,863$923,046
10$1,583,111$541,708$74,406$966,996
11$1,662,266$570,996$78,127$1,013,144
12$1,745,380$601,748$82,033$1,061,599
13$1,832,649$634,037$86,134$1,112,477
14$1,924,281$667,941$90,441$1,165,899
15$2,020,495$703,540$94,963$1,221,991
16$2,121,520$740,920$99,711$1,280,889
17$2,227,596$780,168$104,697$1,342,731
18$2,338,976$821,378$109,932$1,407,666
19$2,455,924$864,649$115,428$1,475,847
20$2,578,721$910,084$121,200$1,547,437
21$2,707,657$957,790$127,260$1,622,607
22$2,843,039$1,007,882$133,623$1,701,535
23$2,985,191$1,060,478$140,304$1,784,409
24$3,134,451$1,115,704$147,319$1,871,428
25$3,291,173$1,173,691$154,685$1,962,797
26$3,455,732$1,234,578$162,419$2,058,735
27$3,628,519$1,298,509$170,540$2,159,469
28$3,809,945$1,365,637$179,067$2,265,241
29$4,000,442$1,436,121$188,021$2,376,300
30$4,200,464$1,510,129$197,422$2,492,913
Total$67,800,000$23,764,718$3,186,598$40,848,685

◄ Back to Jackpot Analysis

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.