USA Mega

Missouri Powerball Jackpot Annuity Payout Schedule for Sep 4, 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 $94,500,000 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, Sep 4, 2024
Jackpot:$94,500,000
Federal Tax:37% marginal rate
State Tax: 4.7%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$1,422,361$482,231$66,851$873,279
2$1,493,479$508,544$70,193$914,741
3$1,568,153$536,174$73,703$958,276
4$1,646,560$565,185$77,388$1,003,987
5$1,728,888$595,646$81,258$1,051,985
6$1,815,333$627,630$85,321$1,102,382
7$1,906,099$661,214$89,587$1,155,299
8$2,001,404$696,477$94,066$1,210,861
9$2,101,474$733,503$98,769$1,269,202
10$2,206,548$772,380$103,708$1,330,460
11$2,316,876$813,201$108,893$1,394,781
12$2,432,719$856,063$114,338$1,462,318
13$2,554,355$901,069$120,055$1,533,232
14$2,682,073$948,324$126,057$1,607,691
15$2,816,177$997,943$132,360$1,685,874
16$2,956,986$1,050,042$138,978$1,767,965
17$3,104,835$1,104,746$145,927$1,854,161
18$3,260,077$1,162,186$153,224$1,944,667
19$3,423,080$1,222,497$160,885$2,039,699
20$3,594,234$1,285,824$168,929$2,139,481
21$3,773,946$1,352,317$177,375$2,244,253
22$3,962,643$1,422,135$186,244$2,354,264
23$4,160,776$1,495,444$195,556$2,469,775
24$4,368,814$1,572,419$205,334$2,591,062
25$4,587,255$1,653,242$215,601$2,718,412
26$4,816,618$1,738,106$226,381$2,852,131
27$5,057,449$1,827,213$237,700$2,992,535
28$5,310,321$1,920,776$249,585$3,139,960
29$5,575,837$2,019,017$262,064$3,294,756
30$5,854,629$2,122,170$275,168$3,457,292
Total$94,500,000$33,643,718$4,441,498$56,414,781

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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.