USA Mega

Washington, D.C. Powerball Jackpot Annuity Payout Schedule for Nov 25, 2017

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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 $147,400,000 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 25, 2017
Jackpot:$147,400,000
Federal Tax:37% marginal rate
State Tax: 10.75%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$2,218,582$776,832$238,498$1,203,252
2$2,329,511$817,876$250,422$1,261,212
3$2,445,986$860,972$262,944$1,322,070
4$2,568,286$906,223$276,091$1,385,972
5$2,696,700$953,736$289,895$1,453,068
6$2,831,535$1,003,625$304,390$1,523,520
7$2,973,112$1,056,009$319,609$1,597,494
8$3,121,767$1,111,011$335,590$1,675,166
9$3,277,855$1,168,764$352,369$1,756,722
10$3,441,748$1,229,404$369,988$1,842,356
11$3,613,836$1,293,076$388,487$1,932,272
12$3,794,527$1,359,932$407,912$2,026,683
13$3,984,254$1,430,131$428,307$2,125,815
14$4,183,466$1,503,840$449,723$2,229,904
15$4,392,640$1,581,234$472,209$2,339,197
16$4,612,272$1,662,498$495,819$2,453,955
17$4,842,885$1,747,825$520,610$2,574,450
18$5,085,030$1,837,418$546,641$2,700,971
19$5,339,281$1,931,491$573,973$2,833,817
20$5,606,245$2,030,268$602,671$2,973,306
21$5,886,557$2,133,983$632,805$3,119,769
22$6,180,885$2,242,885$664,445$3,273,555
23$6,489,929$2,357,231$697,667$3,435,031
24$6,814,426$2,477,295$732,551$3,604,580
25$7,155,147$2,603,362$769,178$3,782,607
26$7,512,905$2,735,732$807,637$3,969,535
27$7,888,550$2,874,721$848,019$4,165,810
28$8,282,977$3,020,659$890,420$4,371,898
29$8,697,126$3,173,894$934,941$4,588,291
30$9,131,982$3,334,791$981,688$4,815,504
Total$147,400,000$53,216,718$15,845,499$78,337,782

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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.