USA Mega

Washington, D.C. Powerball Jackpot Annuity Payout Schedule for Nov 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 2025 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 $59,900,000 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:Sat, Nov 19, 2011
Jackpot:$59,900,000
Federal Tax:37% marginal rate
State Tax: 10.75%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$1,068,023$352,189$114,812$601,022
2$1,110,744$367,995$119,405$623,343
3$1,155,174$384,434$124,181$646,558
4$1,201,381$401,531$129,148$670,701
5$1,249,436$419,311$134,314$695,810
6$1,299,413$437,803$139,687$721,923
7$1,351,390$457,034$145,274$749,081
8$1,405,445$477,035$151,085$777,325
9$1,461,663$497,836$157,129$806,699
10$1,520,130$519,468$163,414$837,247
11$1,580,935$541,966$169,950$869,018
12$1,644,172$565,364$176,749$902,060
13$1,709,939$589,698$183,818$936,423
14$1,778,337$615,005$191,171$972,161
15$1,849,470$641,324$198,818$1,009,328
16$1,923,449$668,696$206,771$1,047,982
17$2,000,387$697,163$215,042$1,088,182
18$2,080,402$726,769$223,643$1,129,990
19$2,163,619$757,559$232,589$1,173,470
20$2,250,163$789,581$241,893$1,218,690
21$2,340,170$822,883$251,568$1,265,718
22$2,433,777$857,518$261,631$1,314,628
23$2,531,128$893,537$272,096$1,365,494
24$2,632,373$930,998$282,980$1,418,395
25$2,737,668$969,957$294,299$1,473,411
26$2,847,174$1,010,475$306,071$1,530,628
27$2,961,061$1,052,613$318,314$1,590,134
28$3,079,504$1,096,437$331,047$1,652,020
29$3,202,684$1,142,013$344,289$1,716,382
30$3,330,791$1,189,413$358,060$1,783,318
Total$59,900,000$20,873,605$6,439,248$32,587,141

◄ 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.