USA Mega

Washington, D.C. Powerball Jackpot Annuity Payout Schedule for Mar 13, 2013

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The tax information provided here is based on 2026 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 $183,000,000 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, Mar 13, 2013
Jackpot:$183,000,000
Federal Tax:37% marginal rate
State Tax: 10.75%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$3,262,908$1,163,233$350,763$1,748,912
2$3,393,424$1,211,524$364,793$1,817,107
3$3,529,161$1,261,747$379,385$1,888,030
4$3,670,328$1,313,979$394,560$1,961,789
5$3,817,141$1,368,299$410,343$2,038,499
6$3,969,827$1,424,793$426,756$2,118,277
7$4,128,620$1,483,547$443,827$2,201,247
8$4,293,765$1,544,650$461,580$2,287,535
9$4,465,515$1,608,198$480,043$2,377,274
10$4,644,136$1,674,287$499,245$2,470,604
11$4,829,901$1,743,021$519,214$2,567,666
12$5,023,097$1,814,503$539,983$2,668,611
13$5,224,021$1,888,845$561,582$2,773,594
14$5,432,982$1,966,161$584,046$2,882,776
15$5,650,301$2,046,569$607,407$2,996,325
16$5,876,313$2,130,193$631,704$3,114,416
17$6,111,366$2,217,163$656,972$3,237,231
18$6,355,820$2,307,611$683,251$3,364,959
19$6,610,053$2,401,677$710,581$3,497,796
20$6,874,455$2,499,506$739,004$3,635,946
21$7,149,434$2,601,248$768,564$3,779,622
22$7,435,411$2,707,059$799,307$3,929,045
23$7,732,827$2,817,103$831,279$4,084,445
24$8,042,140$2,931,549$864,530$4,246,061
25$8,363,826$3,050,573$899,111$4,414,142
26$8,698,379$3,174,358$935,076$4,588,946
27$9,046,314$3,303,094$972,479$4,770,742
28$9,408,167$3,436,979$1,011,378$4,959,810
29$9,784,493$3,576,220$1,051,833$5,156,441
30$10,175,873$3,721,030$1,093,906$5,360,937
Total$183,000,000$66,388,719$19,672,502$96,938,785

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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.