USA Mega

Missouri Powerball Jackpot Annuity Payout Schedule for Feb 24, 2018

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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 $271,000,000 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:Sat, Feb 24, 2018
Jackpot:$271,000,000
Federal Tax:37% marginal rate
State Tax: 4.7%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$4,078,939$1,465,165$191,710$2,422,064
2$4,282,886$1,540,625$201,296$2,540,965
3$4,497,030$1,619,858$211,360$2,665,811
4$4,721,882$1,703,054$221,928$2,796,900
5$4,957,976$1,790,408$233,025$2,934,543
6$5,205,874$1,882,131$244,676$3,079,068
7$5,466,168$1,978,440$256,910$3,230,819
8$5,739,477$2,079,564$269,755$3,390,158
9$6,026,451$2,185,744$283,243$3,557,463
10$6,327,773$2,297,233$297,405$3,733,134
11$6,644,162$2,414,297$312,276$3,917,589
12$6,976,370$2,537,214$327,889$4,111,266
13$7,325,188$2,666,277$344,284$4,314,628
14$7,691,448$2,801,793$361,498$4,528,157
15$8,076,020$2,944,085$379,573$4,752,362
16$8,479,821$3,093,491$398,552$4,987,778
17$8,903,812$3,250,368$418,479$5,234,965
18$9,349,003$3,415,088$439,403$5,494,511
19$9,816,453$3,588,045$461,373$5,767,035
20$10,307,276$3,769,649$484,442$6,053,184
21$10,822,639$3,960,334$508,664$6,353,641
22$11,363,771$4,160,553$534,097$6,669,121
23$11,931,960$4,370,782$560,802$7,000,375
24$12,528,558$4,591,524$588,842$7,348,192
25$13,154,986$4,823,302$618,284$7,713,399
26$13,812,735$5,066,669$649,199$8,096,867
27$14,503,372$5,322,205$681,658$8,499,508
28$15,228,540$5,590,517$715,741$8,922,282
29$15,989,967$5,872,245$751,528$9,366,194
30$16,789,466$6,168,060$789,105$9,832,301
Total$271,000,001$98,948,720$12,736,997$159,314,280

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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.