USA Mega

Louisiana Powerball Jackpot Annuity Payout Schedule for May 3, 2000

Media: You may freely use any information on this page, but you must credit usamega.com.

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 $18,200,000 for a ticket purchased in Louisiana, 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:

Louisiana

Drawing Date:Wed, May 3, 2000
Jackpot:$18,200,000
Federal Tax:37% marginal rate
State Tax: 3%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$324,508$82,347$9,735$232,426
2$337,488$86,890$10,125$240,473
3$350,988$91,615$10,530$248,843
4$365,027$96,529$10,951$257,548
5$379,628$101,639$11,389$266,600
6$394,813$106,954$11,844$276,015
7$410,606$112,481$12,318$285,806
8$427,030$118,230$12,811$295,989
9$444,111$124,208$13,323$306,580
10$461,876$130,426$13,856$317,594
11$480,351$136,892$14,411$329,048
12$499,565$143,617$14,987$340,961
13$519,547$150,611$15,586$353,350
14$540,329$157,885$16,210$366,235
15$561,943$165,449$16,858$379,635
16$584,420$173,316$17,533$393,571
17$607,797$181,498$18,234$408,065
18$632,109$190,007$18,963$423,138
19$657,393$199,193$19,722$438,479
20$683,689$208,922$20,511$454,256
21$711,037$219,041$21,331$470,665
22$739,478$229,564$22,184$487,730
23$769,057$240,508$23,072$505,477
24$799,819$251,890$23,995$523,934
25$831,812$263,728$24,954$543,130
26$865,085$276,039$25,953$563,094
27$899,688$288,842$26,991$583,856
28$935,676$302,157$28,070$605,448
29$973,103$316,005$29,193$627,904
30$1,012,027$330,407$30,361$651,259
Total$18,200,000$5,476,890$546,001$12,177,109

◄ 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.