USA Mega

Kansas Powerball Jackpot Annuity Payout Schedule for Jul 27, 2013

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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 $201,300,000 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, Jul 27, 2013
Jackpot:$201,300,000
Federal Tax:37% marginal rate
State Tax: 5.7%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$3,589,199$1,283,961$204,584$2,100,654
2$3,732,767$1,337,081$212,768$2,182,918
3$3,882,078$1,392,326$221,278$2,268,473
4$4,037,361$1,449,781$230,130$2,357,450
5$4,198,855$1,509,534$239,335$2,449,987
6$4,366,809$1,571,677$248,908$2,546,224
7$4,541,482$1,636,305$258,864$2,646,312
8$4,723,141$1,703,519$269,219$2,750,403
9$4,912,067$1,773,422$279,988$2,858,657
10$5,108,549$1,846,120$291,187$2,971,241
11$5,312,891$1,921,727$302,835$3,088,329
12$5,525,407$2,000,358$314,948$3,210,101
13$5,746,423$2,082,134$327,546$3,336,743
14$5,976,280$2,167,181$340,648$3,468,451
15$6,215,331$2,255,630$354,274$3,605,428
16$6,463,945$2,347,617$368,445$3,747,883
17$6,722,502$2,443,283$383,183$3,896,037
18$6,991,402$2,542,776$398,510$4,050,116
19$7,271,059$2,646,249$414,450$4,210,359
20$7,561,901$2,753,861$431,028$4,377,012
21$7,864,377$2,865,777$448,269$4,550,331
22$8,178,952$2,982,169$466,200$4,730,582
23$8,506,110$3,103,218$484,848$4,918,044
24$8,846,354$3,229,108$504,242$5,113,004
25$9,200,209$3,360,034$524,412$5,315,762
26$9,568,217$3,496,198$545,388$5,526,631
27$9,950,946$3,637,807$567,204$5,745,935
28$10,348,983$3,785,081$589,892$5,974,010
29$10,762,943$3,938,246$613,488$6,211,209
30$11,193,461$4,097,538$638,027$6,457,896
Total$201,300,000$73,159,718$11,474,098$116,666,182

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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.