USA Mega

Washington, D.C. Powerball Jackpot Annuity Payout Schedule for Jun 10, 2017

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 $447,800,000 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:Sat, Jun 10, 2017
Jackpot:$447,800,000
Federal Tax:37% marginal rate
State Tax: 10.75%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$6,740,033$2,452,000$724,554$3,563,479
2$7,077,034$2,576,690$760,781$3,739,563
3$7,430,886$2,707,616$798,820$3,924,450
4$7,802,430$2,845,087$838,761$4,118,582
5$8,192,552$2,989,432$880,699$4,322,420
6$8,602,179$3,140,994$924,734$4,536,451
7$9,032,289$3,300,135$970,971$4,761,183
8$9,483,903$3,467,232$1,019,520$4,997,152
9$9,958,098$3,642,684$1,070,496$5,244,918
10$10,456,003$3,826,909$1,124,020$5,505,074
11$10,978,803$4,020,345$1,180,221$5,778,237
12$11,527,743$4,223,453$1,239,232$6,065,058
13$12,104,130$4,436,716$1,301,194$6,366,220
14$12,709,337$4,660,642$1,366,254$6,682,441
15$13,344,804$4,895,765$1,434,566$7,014,472
16$14,012,044$5,142,644$1,506,295$7,363,105
17$14,712,646$5,401,867$1,581,609$7,729,170
18$15,448,278$5,674,051$1,660,690$8,113,538
19$16,220,692$5,959,844$1,743,724$8,517,124
20$17,031,727$6,259,927$1,830,911$8,940,890
21$17,883,313$6,575,014$1,922,456$9,385,843
22$18,777,479$6,905,855$2,018,579$9,853,045
23$19,716,353$7,253,238$2,119,508$10,343,607
24$20,702,170$7,617,991$2,225,483$10,858,696
25$21,737,279$8,000,981$2,336,757$11,399,540
26$22,824,143$8,403,121$2,453,595$11,967,427
27$23,965,350$8,825,367$2,576,275$12,563,708
28$25,163,617$9,268,726$2,705,089$13,189,802
29$26,421,798$9,734,253$2,840,343$13,847,202
30$27,742,888$10,223,056$2,982,360$14,537,471
Total$447,800,001$164,431,635$48,138,497$235,229,868

◄ 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.