USA Mega

Louisiana Powerball Jackpot Annuity Payout Schedule for Nov 27, 2010

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 $79,400,000 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:Sat, Nov 27, 2010
Jackpot:$79,400,000
Federal Tax:37% marginal rate
State Tax: 3%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$1,415,710$479,770$42,471$893,469
2$1,472,338$500,722$44,170$927,446
3$1,531,232$522,513$45,937$962,782
4$1,592,481$545,175$47,774$999,531
5$1,656,180$568,744$49,685$1,037,751
6$1,722,428$593,255$51,673$1,077,499
7$1,791,325$618,747$53,740$1,118,838
8$1,862,978$645,259$55,889$1,161,829
9$1,937,497$672,831$58,125$1,206,541
10$2,014,997$701,506$60,450$1,253,041
11$2,095,596$731,328$62,868$1,301,401
12$2,179,420$762,343$65,383$1,351,695
13$2,266,597$794,598$67,998$1,404,001
14$2,357,261$828,144$70,718$1,458,399
15$2,451,551$863,031$73,547$1,514,974
16$2,549,613$899,314$76,488$1,573,811
17$2,651,598$937,049$79,548$1,635,002
18$2,757,662$976,292$82,730$1,698,640
19$2,867,968$1,017,106$86,039$1,764,824
20$2,982,687$1,059,552$89,481$1,833,655
21$3,101,995$1,103,695$93,060$1,905,240
22$3,226,074$1,149,605$96,782$1,979,687
23$3,355,117$1,197,351$100,654$2,057,113
24$3,489,322$1,247,006$104,680$2,137,636
25$3,628,895$1,298,648$108,867$2,221,380
26$3,774,051$1,352,356$113,222$2,308,473
27$3,925,013$1,408,212$117,750$2,399,050
28$4,082,013$1,466,302$122,460$2,493,251
29$4,245,294$1,526,716$127,359$2,591,219
30$4,415,106$1,589,546$132,453$2,693,106
Total$79,400,000$28,056,716$2,382,001$48,961,284

◄ 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.