USA Mega

Missouri Powerball Jackpot Annuity Payout Schedule for Jul 28, 1993

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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 $15,200,000 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, Jul 28, 1993
Jackpot:$15,200,000
Federal Tax:37% marginal rate
State Tax: 4.7%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$271,018$63,625$12,738$194,654
2$281,858$67,420$13,247$201,191
3$293,133$71,366$13,777$207,990
4$304,858$75,469$14,328$215,060
5$317,052$79,738$14,901$222,413
6$329,734$84,176$15,498$230,060
7$342,924$88,793$16,117$238,014
8$356,641$93,593$16,762$246,285
9$370,906$98,586$17,433$254,887
10$385,742$103,779$18,130$263,833
11$401,172$109,179$18,855$273,138
12$417,219$114,796$19,609$282,814
13$433,908$120,637$20,394$292,877
14$451,264$126,712$21,209$303,343
15$469,315$133,029$22,058$314,227
16$488,087$139,600$22,940$325,547
17$507,611$146,433$23,858$337,320
18$527,915$153,540$24,812$349,564
19$549,032$160,930$25,804$362,297
20$570,993$168,617$26,837$375,540
21$593,833$176,611$27,910$389,312
22$617,586$184,924$29,027$403,635
23$642,289$193,604$30,188$418,498
24$667,981$203,110$31,395$433,476
25$694,700$212,996$32,651$449,053
26$722,488$223,278$33,957$465,253
27$751,388$233,971$35,315$482,102
28$781,443$245,091$36,728$499,624
29$812,701$256,657$38,197$517,847
30$845,209$268,685$39,725$536,800
Total$15,200,000$4,398,945$714,400$10,086,654

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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.