USA Mega

Missouri Powerball Jackpot Annuity Payout Schedule for Nov 25, 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 $337,900,000 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:Sat, Nov 25, 2023
Jackpot:$337,900,000
Federal Tax:37% marginal rate
State Tax: 4.7%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$5,085,880$1,837,733$239,036$3,009,111
2$5,340,174$1,931,822$250,988$3,157,364
3$5,607,183$2,030,615$263,538$3,313,030
4$5,887,542$2,134,348$276,714$3,476,480
5$6,181,919$2,243,267$290,550$3,648,101
6$6,491,015$2,357,633$305,078$3,828,304
7$6,815,566$2,477,717$320,332$4,017,518
8$7,156,344$2,603,804$336,348$4,216,191
9$7,514,161$2,736,197$353,166$4,424,799
10$7,889,869$2,875,209$370,824$4,643,836
11$8,284,363$3,021,171$389,365$4,873,826
12$8,698,581$3,174,432$408,833$5,115,315
13$9,133,510$3,335,356$429,275$5,368,879
14$9,590,185$3,504,326$450,739$5,635,121
15$10,069,694$3,681,744$473,276$5,914,675
16$10,573,179$3,868,034$496,939$6,208,206
17$11,101,838$4,063,637$521,786$6,516,414
18$11,656,930$4,269,021$547,876$6,840,033
19$12,239,776$4,484,675$575,269$7,179,832
20$12,851,765$4,711,110$604,033$7,536,622
21$13,494,353$4,948,868$634,235$7,911,251
22$14,169,071$5,198,514$665,946$8,304,611
23$14,877,525$5,460,641$699,244$8,717,640
24$15,621,401$5,735,876$734,206$9,151,319
25$16,402,471$6,024,871$770,916$9,606,683
26$17,222,595$6,328,317$809,462$10,084,815
27$18,083,724$6,646,935$849,935$10,586,854
28$18,987,910$6,981,484$892,432$11,113,994
29$19,937,306$7,332,760$937,053$11,667,492
30$20,934,171$7,701,601$983,906$12,248,665
Total$337,900,001$123,701,718$15,881,300$198,316,981

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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.