USA Mega

Washington, D.C. Powerball Jackpot Annuity Payout Schedule for Jan 10, 2022

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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 $26,800,000 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:Mon, Jan 10, 2022
Jackpot:$26,800,000
Federal Tax:37% marginal rate
State Tax: 10.75%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$403,378$109,952$43,363$250,064
2$423,547$117,011$45,531$261,005
3$444,725$124,423$47,808$272,494
4$466,961$132,206$50,198$284,557
5$490,309$140,377$52,708$297,223
6$514,824$148,958$55,344$310,523
7$540,566$157,967$58,111$324,488
8$567,594$167,427$61,016$339,151
9$595,974$177,360$64,067$354,546
10$625,772$187,790$67,271$370,712
11$657,061$199,070$70,634$387,357
12$689,914$211,225$74,166$404,523
13$724,410$223,989$77,874$422,547
14$760,630$237,390$81,768$441,472
15$798,662$251,462$85,856$461,344
16$838,595$266,237$90,149$482,209
17$880,525$281,751$94,656$504,117
18$924,551$298,041$99,389$527,121
19$970,778$315,145$104,359$551,274
20$1,019,317$333,105$109,577$576,636
21$1,070,283$351,962$115,055$603,266
22$1,123,797$371,762$120,808$631,227
23$1,179,987$392,553$126,849$660,586
24$1,238,987$414,382$133,191$691,413
25$1,300,936$437,304$139,851$723,782
26$1,365,983$461,371$146,843$757,769
27$1,434,282$486,642$154,185$793,455
28$1,505,996$513,176$161,895$830,926
29$1,581,296$541,037$169,989$870,270
30$1,660,360$570,291$178,489$911,581
Total$26,800,000$8,621,366$2,881,000$15,297,638

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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.