USA Mega

Kansas Powerball Jackpot Annuity Payout Schedule for Jul 25, 2001

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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 $45,900,000 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:Wed, Jul 25, 2001
Jackpot:$45,900,000
Federal Tax:37% marginal rate
State Tax: 5.7%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$818,402$258,766$46,649$512,987
2$851,138$270,878$48,515$531,745
3$885,183$283,475$50,455$551,253
4$920,590$296,576$52,474$571,541
5$957,414$310,200$54,573$592,641
6$995,711$324,370$56,756$614,585
7$1,035,539$339,107$59,026$637,407
8$1,076,961$354,433$61,387$661,141
9$1,120,039$370,372$63,842$685,825
10$1,164,841$386,948$66,396$711,496
11$1,211,434$404,188$69,052$738,195
12$1,259,892$422,117$71,814$765,961
13$1,310,287$440,764$74,686$794,837
14$1,362,699$460,156$77,674$824,869
15$1,417,207$480,324$80,781$856,102
16$1,473,895$501,298$84,012$888,585
17$1,532,851$523,112$87,372$922,366
18$1,594,165$545,798$90,867$957,499
19$1,657,931$569,392$94,502$994,037
20$1,724,249$593,929$98,282$1,032,037
21$1,793,219$619,448$102,213$1,071,557
22$1,864,947$645,988$106,302$1,112,658
23$1,939,545$673,589$110,554$1,155,402
24$2,017,127$702,294$114,976$1,199,857
25$2,097,812$732,148$119,575$1,246,089
26$2,181,725$763,195$124,358$1,294,171
27$2,268,994$795,485$129,333$1,344,176
28$2,359,753$829,066$134,506$1,396,181
29$2,454,143$863,990$139,886$1,450,267
30$2,552,309$900,312$145,482$1,506,516
Total$45,900,000$15,661,718$2,616,300$27,621,983

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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.