USA Mega

Missouri Powerball Jackpot Annuity Payout Schedule for May 6, 2026

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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 $31,200,000 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, May 6, 2026
Jackpot:$31,200,000
Federal Tax:37% marginal rate
State Tax: 4.7%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$469,605$133,131$22,071$314,402
2$493,085$141,349$23,175$328,561
3$517,739$149,978$24,334$343,428
4$543,626$159,038$25,550$359,037
5$570,808$168,552$26,828$375,428
6$599,348$178,541$28,169$392,638
7$629,315$189,030$29,578$410,708
8$660,781$200,446$31,057$429,278
9$693,820$212,671$32,610$448,540
10$728,511$225,506$34,240$468,765
11$764,937$238,984$35,952$490,001
12$803,184$253,135$37,750$512,299
13$843,343$267,994$39,637$535,712
14$885,510$283,596$41,619$560,295
15$929,785$299,978$43,700$586,108
16$976,275$317,179$45,885$613,211
17$1,025,088$335,240$48,179$641,669
18$1,076,343$354,204$50,588$671,551
19$1,130,160$374,116$53,118$702,926
20$1,186,668$395,024$55,773$735,870
21$1,246,001$416,978$58,562$770,461
22$1,308,301$440,029$61,490$806,782
23$1,373,716$464,232$64,565$844,919
24$1,442,402$489,646$67,793$884,963
25$1,514,522$516,331$71,183$927,009
26$1,590,248$544,349$74,742$971,158
27$1,669,761$573,769$78,479$1,017,513
28$1,753,249$604,659$82,403$1,066,187
29$1,840,911$637,094$86,523$1,117,294
30$1,932,957$671,151$90,849$1,170,957
Total$31,200,000$10,235,930$1,466,402$19,497,670

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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.