USA Mega

Missouri Powerball Jackpot Annuity Payout Schedule for Sep 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 $251,600,000 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:Wed, Sep 21, 2022
Jackpot:$251,600,000
Federal Tax:37% marginal rate
State Tax: 4.7%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$3,786,941$1,357,125$177,986$2,251,829
2$3,976,288$1,427,184$186,886$2,362,219
3$4,175,102$1,500,745$196,230$2,478,127
4$4,383,858$1,577,985$206,041$2,599,832
5$4,603,050$1,659,086$216,343$2,727,621
6$4,833,203$1,744,242$227,161$2,861,800
7$5,074,863$1,833,657$238,519$3,002,688
8$5,328,606$1,927,542$250,445$3,150,620
9$5,595,037$2,026,121$262,967$3,305,949
10$5,874,789$2,129,629$276,115$3,469,044
11$6,168,528$2,238,313$289,921$3,640,295
12$6,476,954$2,352,430$304,417$3,820,107
13$6,800,802$2,472,254$319,638$4,008,910
14$7,140,842$2,598,069$335,620$4,207,154
15$7,497,884$2,730,174$352,401$4,415,309
16$7,872,779$2,868,885$370,021$4,633,873
17$8,266,417$3,014,532$388,522$4,863,364
18$8,679,738$3,167,460$407,948$5,104,330
19$9,113,725$3,328,036$428,345$5,357,345
20$9,569,412$3,496,640$449,762$5,623,010
21$10,047,882$3,673,674$472,250$5,901,958
22$10,550,276$3,859,559$495,863$6,194,854
23$11,077,790$4,054,740$520,656$6,502,394
24$11,631,679$4,259,679$546,689$6,825,312
25$12,213,263$4,474,865$574,023$7,164,375
26$12,823,927$4,700,810$602,725$7,520,392
27$13,465,123$4,938,053$632,861$7,894,209
28$14,138,379$5,187,157$664,504$8,286,718
29$14,845,298$5,448,717$697,729$8,698,851
30$15,587,563$5,723,356$732,615$9,131,592
Total$251,600,001$91,770,719$11,825,203$148,004,081

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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.