USA Mega

Missouri Powerball Jackpot Annuity Payout Schedule for Jan 9, 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 $341,400,000 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:Mon, Jan 9, 2023
Jackpot:$341,400,000
Federal Tax:37% marginal rate
State Tax: 4.7%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$5,138,560$1,857,224$241,512$3,039,823
2$5,395,488$1,952,288$253,588$3,189,612
3$5,665,262$2,052,104$266,267$3,346,891
4$5,948,526$2,156,912$279,581$3,512,033
5$6,245,952$2,266,959$293,560$3,685,433
6$6,558,249$2,382,509$308,238$3,867,502
7$6,886,162$2,503,837$323,650$4,058,675
8$7,230,470$2,631,231$339,832$4,259,407
9$7,591,993$2,764,995$356,824$4,470,175
10$7,971,593$2,905,447$374,665$4,691,481
11$8,370,173$3,052,921$393,398$4,923,853
12$8,788,681$3,207,769$413,068$5,167,844
13$9,228,115$3,370,360$433,721$5,424,034
14$9,689,521$3,541,080$455,407$5,693,034
15$10,173,997$3,720,336$478,178$5,975,483
16$10,682,697$3,908,555$502,087$6,272,055
17$11,216,832$4,106,185$527,191$6,583,456
18$11,777,674$4,313,696$553,551$6,910,426
19$12,366,557$4,531,583$581,228$7,253,746
20$12,984,885$4,760,365$610,290$7,614,231
21$13,634,129$5,000,585$640,804$7,992,740
22$14,315,836$5,252,816$672,844$8,390,175
23$15,031,628$5,517,659$706,486$8,807,482
24$15,783,209$5,795,744$741,811$9,245,653
25$16,572,369$6,087,734$778,901$9,705,734
26$17,400,988$6,394,323$817,846$10,188,819
27$18,271,037$6,716,241$858,739$10,696,058
28$19,184,589$7,054,255$901,676$11,228,658
29$20,143,818$7,409,170$946,759$11,787,889
30$21,151,010$7,781,831$994,097$12,375,081
Total$341,400,001$124,996,714$16,045,799$200,357,483

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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.