USA Mega

Washington, D.C. Powerball Jackpot Annuity Payout Schedule for Dec 15, 2021

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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 $335,000,000 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, Dec 15, 2021
Jackpot:$335,000,000
Federal Tax:37% marginal rate
State Tax: 10.75%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$5,042,231$1,821,583$542,040$2,678,608
2$5,294,342$1,914,864$569,142$2,810,337
3$5,559,059$2,012,809$597,599$2,948,651
4$5,837,013$2,115,652$627,479$3,093,882
5$6,128,863$2,223,637$658,853$3,246,374
6$6,435,306$2,337,021$691,795$3,406,490
7$6,757,072$2,456,074$726,385$3,574,613
8$7,094,925$2,581,080$762,704$3,751,141
9$7,449,671$2,712,336$800,840$3,936,496
10$7,822,155$2,850,155$840,882$4,131,119
11$8,213,263$2,994,864$882,926$4,335,472
12$8,623,926$3,146,810$927,072$4,550,044
13$9,055,122$3,306,352$973,426$4,775,344
14$9,507,878$3,473,872$1,022,097$5,011,909
15$9,983,272$3,649,768$1,073,202$5,260,302
16$10,482,436$3,834,458$1,126,862$5,521,115
17$11,006,557$4,028,383$1,183,205$5,794,969
18$11,556,885$4,232,005$1,242,365$6,082,515
19$12,134,729$4,445,807$1,304,483$6,384,439
20$12,741,466$4,670,300$1,369,708$6,701,459
21$13,378,539$4,906,017$1,438,193$7,034,329
22$14,047,466$5,153,520$1,510,103$7,383,844
23$14,749,840$5,413,398$1,585,608$7,750,834
24$15,487,331$5,686,270$1,664,888$8,136,173
25$16,261,698$5,972,785$1,748,133$8,540,780
26$17,074,783$6,273,627$1,835,539$8,965,617
27$17,928,522$6,589,510$1,927,316$9,411,696
28$18,824,948$6,921,188$2,023,682$9,880,078
29$19,766,196$7,269,450$2,124,866$10,371,880
30$20,754,506$7,635,124$2,231,109$10,888,272
Total$335,000,001$122,628,719$36,012,502$176,358,782

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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.