USA Mega

Missouri Powerball Jackpot Annuity Payout Schedule for Jan 18, 2023

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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 $441,200,000 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, Jan 18, 2023
Jackpot:$441,200,000
Federal Tax:37% marginal rate
State Tax: 4.7%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$6,640,693$2,413,014$312,113$3,915,567
2$6,972,728$2,535,867$327,718$4,109,143
3$7,321,364$2,664,862$344,104$4,312,398
4$7,687,433$2,800,307$361,309$4,525,816
5$8,071,804$2,942,525$379,375$4,749,904
6$8,475,394$3,091,853$398,344$4,985,198
7$8,899,164$3,248,648$418,261$5,232,255
8$9,344,122$3,413,282$439,174$5,491,666
9$9,811,328$3,586,149$461,132$5,764,047
10$10,301,895$3,767,658$484,189$6,050,047
11$10,816,990$3,958,243$508,399$6,350,348
12$11,357,839$4,158,358$533,818$6,665,663
13$11,925,731$4,368,478$560,509$6,996,744
14$12,522,018$4,589,104$588,535$7,344,379
15$13,148,118$4,820,761$617,962$7,709,396
16$13,805,524$5,064,001$648,860$8,092,663
17$14,495,800$5,319,403$681,303$8,495,094
18$15,220,590$5,587,576$715,368$8,917,647
19$15,981,620$5,869,157$751,136$9,361,327
20$16,780,701$6,164,817$788,693$9,827,191
21$17,619,736$6,475,260$828,128$10,316,349
22$18,500,723$6,801,225$869,534$10,829,964
23$19,425,759$7,143,488$913,011$11,369,260
24$20,397,047$7,502,864$958,661$11,935,521
25$21,416,899$7,880,210$1,006,594$12,530,095
26$22,487,744$8,276,423$1,056,924$13,154,398
27$23,612,131$8,692,446$1,109,770$13,809,915
28$24,792,738$9,129,270$1,165,259$14,498,209
29$26,032,375$9,587,936$1,223,522$15,220,917
30$27,333,994$10,069,535$1,284,698$15,979,761
Total$441,200,001$161,922,720$20,736,403$258,540,882

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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.