USA Mega

Missouri Powerball Jackpot Annuity Payout Schedule for Mar 27, 2024

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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 $873,100,000 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:Wed, Mar 27, 2024
Jackpot:$873,100,000
Federal Tax:37% marginal rate
State Tax: 4.7%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$13,141,408$4,818,278$617,646$7,705,484
2$13,798,479$5,061,394$648,528$8,088,556
3$14,488,402$5,316,666$680,955$8,490,781
4$15,212,823$5,584,702$715,003$8,913,118
5$15,973,463$5,866,139$750,753$9,356,572
6$16,772,137$6,161,648$788,290$9,822,198
7$17,610,744$6,471,933$827,705$10,311,106
8$18,491,281$6,797,731$869,090$10,824,460
9$19,415,845$7,139,820$912,545$11,363,480
10$20,386,637$7,499,013$958,172$11,929,452
11$21,405,969$7,876,166$1,006,081$12,523,723
12$22,476,267$8,272,176$1,056,385$13,147,707
13$23,600,081$8,687,987$1,109,204$13,802,890
14$24,780,085$9,124,589$1,164,664$14,490,832
15$26,019,089$9,583,020$1,222,897$15,213,172
16$27,320,044$10,064,373$1,284,042$15,971,628
17$28,686,045$10,569,794$1,348,244$16,768,007
18$30,120,348$11,100,486$1,415,656$17,604,206
19$31,626,365$11,657,712$1,486,439$18,482,214
20$33,207,684$12,242,800$1,560,761$19,404,122
21$34,868,067$12,857,142$1,638,799$20,372,126
22$36,611,471$13,502,201$1,720,739$21,388,530
23$38,442,045$14,179,514$1,806,776$22,455,755
24$40,364,146$14,890,691$1,897,115$23,576,340
25$42,382,354$15,637,428$1,991,971$24,752,955
26$44,501,472$16,421,502$2,091,569$25,988,401
27$46,726,546$17,244,779$2,196,148$27,285,619
28$49,062,872$18,109,220$2,305,955$28,647,697
29$51,516,016$19,016,883$2,421,253$30,077,880
30$54,091,817$19,969,930$2,542,315$31,579,572
Total$873,100,002$321,725,717$41,035,700$510,338,583

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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.