USA Mega

Missouri Powerball Jackpot Annuity Payout Schedule for Mar 27, 2023

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The tax information provided here is based on 2025 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 $122,200,000 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:Mon, Mar 27, 2023
Jackpot:$122,200,000
Federal Tax:37% marginal rate
State Tax: 4.7%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$1,839,285$637,556$86,446$1,115,283
2$1,931,250$671,583$90,769$1,168,898
3$2,027,812$707,311$95,307$1,225,194
4$2,129,203$744,825$100,073$1,284,305
5$2,235,663$784,215$105,076$1,346,371
6$2,347,446$825,575$110,330$1,411,541
7$2,464,818$869,003$115,846$1,479,969
8$2,588,059$914,602$121,639$1,551,818
9$2,717,462$962,481$127,721$1,627,260
10$2,853,335$1,012,754$134,107$1,706,474
11$2,996,002$1,065,541$140,812$1,789,649
12$3,145,802$1,120,967$147,853$1,876,982
13$3,303,092$1,179,164$155,245$1,968,683
14$3,468,247$1,240,272$163,008$2,064,968
15$3,641,659$1,304,434$171,158$2,166,067
16$3,823,742$1,371,805$179,716$2,272,221
17$4,014,929$1,442,544$188,702$2,383,684
18$4,215,676$1,516,820$198,137$2,500,719
19$4,426,460$1,594,810$208,044$2,623,606
20$4,647,783$1,676,700$218,446$2,752,637
21$4,880,172$1,762,684$229,368$2,888,120
22$5,124,180$1,852,967$240,836$3,030,377
23$5,380,389$1,947,764$252,878$3,179,747
24$5,649,409$2,047,301$265,522$3,336,585
25$5,931,879$2,151,816$278,798$3,501,265
26$6,228,473$2,261,555$292,738$3,674,180
27$6,539,897$2,376,782$307,375$3,855,740
28$6,866,892$2,497,770$322,744$4,046,378
29$7,210,236$2,624,808$338,881$4,246,547
30$7,570,748$2,758,197$355,825$4,456,726
Total$122,200,000$43,924,606$5,743,400$72,531,994

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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.