USA Mega

Washington, D.C. Powerball Jackpot Annuity Payout Schedule for Oct 19, 2011

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

The tax information provided here is based on 2024 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 $125,800,000 for a ticket purchased in Washington, D.C., 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:

Washington, D.C.

Drawing Date:Wed, Oct 19, 2011
Jackpot:$125,800,000
Federal Tax:37% marginal rate
State Tax: 10.75%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$2,243,026$788,108$241,125$1,213,794
2$2,332,748$821,304$250,770$1,260,673
3$2,426,057$855,829$260,801$1,309,427
4$2,523,100$891,735$271,233$1,360,132
5$2,624,024$929,077$282,083$1,412,865
6$2,728,985$967,912$293,366$1,467,707
7$2,838,144$1,008,301$305,100$1,524,743
8$2,951,670$1,050,306$317,305$1,584,060
9$3,069,737$1,093,990$329,997$1,645,750
10$3,192,526$1,139,422$343,197$1,709,907
11$3,320,227$1,186,672$356,924$1,776,631
12$3,453,036$1,235,811$371,201$1,846,024
13$3,591,158$1,286,916$386,049$1,918,192
14$3,734,804$1,340,065$401,491$1,993,247
15$3,884,196$1,395,340$417,551$2,071,305
16$4,039,564$1,452,826$434,253$2,152,484
17$4,201,147$1,512,612$451,623$2,236,911
18$4,369,192$1,574,789$469,688$2,324,715
19$4,543,960$1,639,453$488,476$2,416,031
20$4,725,718$1,706,704$508,015$2,511,000
21$4,914,747$1,776,644$528,335$2,609,768
22$5,111,337$1,849,382$549,469$2,712,486
23$5,315,791$1,925,030$571,447$2,819,313
24$5,528,422$2,003,704$594,305$2,930,413
25$5,749,559$2,085,525$618,078$3,045,957
26$5,979,541$2,170,618$642,801$3,166,123
27$6,218,723$2,259,115$668,513$3,291,095
28$6,467,472$2,351,152$695,253$3,421,066
29$6,726,171$2,446,871$723,063$3,556,237
30$6,995,218$2,546,418$751,986$3,696,814
Total$125,800,000$45,291,631$13,523,498$66,984,870

◄ Back to Jackpot Analysis

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.