USA Mega

Kansas Powerball Jackpot Annuity Payout Schedule for May 19, 2001

Media: You may freely use any information on this page, but you must credit usamega.com.

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 $43,900,000 for a ticket purchased in Kansas, 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:

Kansas

Drawing Date:Sat, May 19, 2001
Jackpot:$43,900,000
Federal Tax:37% marginal rate
State Tax: 5.7%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$782,741$245,572$44,616$492,554
2$814,051$257,156$46,401$510,494
3$846,613$269,204$48,257$529,152
4$880,478$281,734$50,187$548,556
5$915,697$294,765$52,195$568,737
6$952,325$308,317$54,282$589,725
7$990,418$322,412$56,454$611,552
8$1,030,034$337,070$58,712$634,252
9$1,071,236$352,314$61,060$657,861
10$1,114,085$368,169$63,503$682,413
11$1,158,648$384,657$66,043$707,948
12$1,204,994$401,805$68,685$734,505
13$1,253,194$419,639$71,432$762,123
14$1,303,322$438,186$74,289$790,846
15$1,355,455$457,476$77,261$820,718
16$1,409,673$477,536$80,351$851,785
17$1,466,060$498,399$83,565$884,095
18$1,524,702$520,097$86,908$917,697
19$1,585,690$542,663$90,384$952,643
20$1,649,118$566,131$94,000$988,987
21$1,715,083$590,538$97,760$1,026,785
22$1,783,686$615,921$101,670$1,066,095
23$1,855,033$642,320$105,737$1,106,977
24$1,929,235$669,774$109,966$1,149,494
25$2,006,404$698,327$114,365$1,193,712
26$2,086,660$728,022$118,940$1,239,699
27$2,170,127$758,904$123,697$1,287,525
28$2,256,932$791,022$128,645$1,337,265
29$2,347,209$824,425$133,791$1,388,994
30$2,441,097$859,163$139,143$1,442,792
Total$43,900,000$14,921,718$2,502,299$26,475,981

◄ Back to Jackpot Analysis

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.