USA Mega
Home of Mega Millions and Powerball, the USA's biggest multi-state lottery games.
Marketplace

Powerball Annuity Jackpot Analysis for New Hampshire

Media: You may freely use any information on this page, but you must credit www.usamega.com.

The Powerball annuity jackpot is awarded according to an increasing rate schedule, which increases the amount of the annuity payment every year.  The table below shows the payout schedule for a jackpot of $122,000,000 would be for a resident of New Hampshire, 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 final tax burden, which may vary depending on how the winner chooses to invest or dispense their prize money.  (For example, if the winner gave all their fortune to charity, they may actually end up getting money back that was initially withheld, whereas someone who buys a new mansion and a fleet of new cars would probably end up owing more taxes than shown.)

State:

New Hampshire

Drawing Date:  Wed, Jun 26, 2019
Jackpot:$122,000,000
Federal Tax:  24%
State Tax:No state tax on lottery prizes
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$1,836,275$440,706$0$1,395,569
2$1,928,089$462,741$0$1,465,348
3$2,024,493$485,878$0$1,538,615
4$2,125,718$510,172$0$1,615,546
5$2,232,004$535,681$0$1,696,323
6$2,343,604$562,465$0$1,781,139
7$2,460,784$590,588$0$1,870,196
8$2,583,823$620,118$0$1,963,706
9$2,713,015$651,124$0$2,061,891
10$2,848,665$683,680$0$2,164,986
11$2,991,099$717,864$0$2,273,235
12$3,140,654$753,757$0$2,386,897
13$3,297,686$791,445$0$2,506,242
14$3,462,571$831,017$0$2,631,554
15$3,635,699$872,568$0$2,763,131
16$3,817,484$916,196$0$2,901,288
17$4,008,358$962,006$0$3,046,352
18$4,208,776$1,010,106$0$3,198,670
19$4,419,215$1,060,612$0$3,358,603
20$4,640,176$1,113,642$0$3,526,534
21$4,872,184$1,169,324$0$3,702,860
22$5,115,794$1,227,790$0$3,888,003
23$5,371,583$1,289,180$0$4,082,403
24$5,640,162$1,353,639$0$4,286,523
25$5,922,171$1,421,321$0$4,500,850
26$6,218,279$1,492,387$0$4,725,892
27$6,529,193$1,567,006$0$4,962,187
28$6,855,653$1,645,357$0$5,210,296
29$7,198,435$1,727,625$0$5,470,811
30$7,558,357$1,814,006$0$5,744,352
Total$122,000,000$29,280,000$0$92,720,000
<( Back )Powerball Jackpot Analysis
(Current Drawing)
Top ^



Accuracy Statement  |  Advertise  |  Privacy Policy  |  Site Map  |  DMCA  |  Terms of Use
Copyright © 1999-2019 Speednet Group.  All rights reserved.