USA Mega

Missouri Powerball Jackpot Annuity Payout Schedule for Mar 7, 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 $346,300,000 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, Mar 7, 2018
Jackpot:$346,300,000
Federal Tax:37% marginal rate
State Tax: 4.7%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$5,212,312$1,884,513$244,979$3,082,821
2$5,472,928$1,980,940$257,228$3,234,760
3$5,746,574$2,082,190$270,089$3,394,295
4$6,033,903$2,188,501$283,593$3,561,808
5$6,335,598$2,300,128$297,773$3,737,696
6$6,652,378$2,417,337$312,662$3,922,379
7$6,984,997$2,540,406$328,295$4,116,296
8$7,334,246$2,669,628$344,710$4,319,908
9$7,700,959$2,805,312$361,945$4,533,702
10$8,086,007$2,947,780$380,042$4,758,185
11$8,490,307$3,097,371$399,044$4,993,892
12$8,914,822$3,254,442$418,997$5,241,384
13$9,360,563$3,419,366$439,946$5,501,251
14$9,828,592$3,592,536$461,944$5,774,112
15$10,320,021$3,774,365$485,041$6,060,615
16$10,836,022$3,965,286$509,293$6,361,444
17$11,377,823$4,165,752$534,758$6,677,314
18$11,946,715$4,376,242$561,496$7,008,977
19$12,544,050$4,597,256$589,570$7,357,224
20$13,171,253$4,829,321$619,049$7,722,883
21$13,829,815$5,072,989$650,001$8,106,825
22$14,521,306$5,328,841$682,501$8,509,964
23$15,247,372$5,597,485$716,626$8,933,260
24$16,009,740$5,879,561$752,458$9,377,721
25$16,810,227$6,175,741$790,081$9,844,405
26$17,650,739$6,486,731$829,585$10,334,423
27$18,533,275$6,813,269$871,064$10,848,942
28$19,459,939$7,156,135$914,617$11,389,187
29$20,432,936$7,516,144$960,348$11,956,444
30$21,454,583$7,894,153$1,008,365$12,552,065
Total$346,300,001$126,809,721$16,276,100$203,214,182

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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.