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Jackpot Analysis For Kentucky Powerball
MIE, 10/02/2010 Annuity Cash
Jackpot Amount  $20,000,000  $9,900,000 
Gross Prize  30 Annual Payments of $666,666  Lump-Sum Cash $9,900,000 
Less 25% Federal Tax  -$166,666  -$2,475,000 
Less 6.0% State Tax   -$39,999   -$594,000
Yearly Net Pay: $460,001 
Total Pay After 30 payments:
$13,800,030 
Lump-Sum Net Payout: $6,831,000 
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