USA Mega

Missouri Powerball Jackpot Annuity Payout Schedule for Mar 23, 2024

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The tax information provided here is based on 2024 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 $758,100,000 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, Mar 23, 2024
Jackpot:$758,100,000
Federal Tax:37% marginal rate
State Tax: 4.95%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$11,410,493$4,180,070$564,819$6,665,603
2$11,981,018$4,391,164$593,060$6,996,793
3$12,580,068$4,612,813$622,713$7,344,542
4$13,209,072$4,845,544$653,849$7,709,679
5$13,869,525$5,089,912$686,541$8,093,072
6$14,563,002$5,346,498$720,869$8,495,635
7$15,291,152$5,615,914$756,912$8,918,326
8$16,055,710$5,898,800$794,758$9,362,152
9$16,858,495$6,195,831$834,496$9,828,169
10$17,701,420$6,507,713$876,220$10,317,486
11$18,586,491$6,835,189$920,031$10,831,270
12$19,515,815$7,179,039$966,033$11,370,743
13$20,491,606$7,540,082$1,014,334$11,937,190
14$21,516,186$7,919,177$1,065,051$12,531,959
15$22,591,996$8,317,226$1,118,304$13,156,466
16$23,721,596$8,735,178$1,174,219$13,812,199
17$24,907,675$9,174,027$1,232,930$14,500,718
18$26,153,059$9,634,820$1,294,576$15,223,663
19$27,460,712$10,118,651$1,359,305$15,982,755
20$28,833,747$10,626,674$1,427,271$16,779,803
21$30,275,435$11,160,099$1,498,634$17,616,702
22$31,789,206$11,720,194$1,573,566$18,495,447
23$33,378,667$12,308,295$1,652,244$19,418,128
24$35,047,600$12,925,800$1,734,856$20,386,944
25$36,799,980$13,574,180$1,821,599$21,404,201
26$38,639,979$14,254,980$1,912,679$22,472,320
27$40,571,978$14,969,820$2,008,313$23,593,846
28$42,600,577$15,720,401$2,108,729$24,771,447
29$44,730,606$16,508,512$2,214,165$26,007,929
30$46,967,136$17,336,028$2,324,873$27,306,235
Total$758,100,002$279,242,631$37,525,949$441,331,422

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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.