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

Powerball Annuity Jackpot Analysis for Wisconsin (Nov. 3, 2018 Drawing)

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 $53,000,000 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:  Nov. 3, 2018
Jackpot:$53,000,000
Federal Tax:  24%
State Tax:7.65%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$797,726$191,454$61,026$545,246
2$837,612$201,027$64,077$572,508
3$879,493$211,078$67,281$601,133
4$923,468$221,632$70,645$631,190
5$969,641$232,714$74,178$662,750
6$1,018,123$244,350$77,886$695,887
7$1,069,029$256,567$81,781$730,681
8$1,122,481$269,395$85,870$767,216
9$1,178,605$282,865$90,163$805,576
10$1,237,535$297,008$94,671$845,855
11$1,299,412$311,859$99,405$888,148
12$1,364,382$327,452$104,375$932,555
13$1,432,601$343,824$109,594$979,183
14$1,504,231$361,016$115,074$1,028,142
15$1,579,443$379,066$120,827$1,079,549
16$1,658,415$398,020$126,869$1,133,527
17$1,741,336$417,921$133,212$1,190,203
18$1,828,403$438,817$139,873$1,249,713
19$1,919,823$460,757$146,866$1,312,199
20$2,015,814$483,795$154,210$1,377,809
21$2,116,605$507,985$161,920$1,446,699
22$2,222,435$533,384$170,016$1,519,034
23$2,333,557$560,054$178,517$1,594,986
24$2,450,235$588,056$187,443$1,674,735
25$2,572,746$617,459$196,815$1,758,472
26$2,701,384$648,332$206,656$1,846,396
27$2,836,453$680,749$216,989$1,938,715
28$2,978,275$714,786$227,838$2,035,651
29$3,127,189$750,525$239,230$2,137,434
30$3,283,549$788,052$251,191$2,244,305
Total$53,000,000$12,720,000$4,054,500$36,225,500
<( 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.