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

Powerball Annuity Jackpot Analysis for Wisconsin

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 $158,000,000 would be for a resident of Wisconsin, 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:

Wisconsin

Drawing Date:  Sat, Aug 8, 2020
Jackpot:$158,000,000
Federal Tax:  24%
State Tax:7.65%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$2,378,127$570,750$181,927$1,625,450
2$2,497,033$599,288$191,023$1,706,722
3$2,621,885$629,252$200,574$1,792,058
4$2,752,979$660,715$210,603$1,881,661
5$2,890,628$693,751$221,133$1,975,744
6$3,035,159$728,438$232,190$2,074,531
7$3,186,917$764,860$243,799$2,178,258
8$3,346,263$803,103$255,989$2,287,171
9$3,513,576$843,258$268,789$2,401,529
10$3,689,255$885,421$282,228$2,521,606
11$3,873,718$929,692$296,339$2,647,686
12$4,067,404$976,177$311,156$2,780,070
13$4,270,774$1,024,986$326,714$2,919,074
14$4,484,313$1,076,235$343,050$3,065,028
15$4,708,528$1,130,047$360,202$3,218,279
16$4,943,955$1,186,549$378,213$3,379,193
17$5,191,152$1,245,877$397,123$3,548,153
18$5,450,710$1,308,170$416,979$3,725,560
19$5,723,246$1,373,579$437,828$3,911,838
20$6,009,408$1,442,258$459,720$4,107,430
21$6,309,878$1,514,371$482,706$4,312,802
22$6,625,372$1,590,089$506,841$4,528,442
23$6,956,641$1,669,594$532,183$4,754,864
24$7,304,473$1,753,073$558,792$4,992,607
25$7,669,696$1,840,727$586,732$5,242,237
26$8,053,181$1,932,764$616,068$5,504,349
27$8,455,840$2,029,402$646,872$5,779,567
28$8,878,632$2,130,872$679,215$6,068,545
29$9,322,564$2,237,415$713,176$6,371,972
30$9,788,692$2,349,286$748,835$6,690,571
Total$158,000,000$37,920,000$12,087,000$107,993,000
<( Back )Powerball Jackpot Analysis
(Current Drawing)
Top ^



Accuracy Statement  |  Advertise  |  Privacy Policy  |  Site Map  |  DMCA  |  Terms of Use
Copyright © 1999-2020 Speednet Group.  All rights reserved.