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Louisiana Powerball Jackpot Annuity Payout Schedule for Nov 2, 2011

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The tax information provided here is based on 2025 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 $254,200,000 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, Nov 2, 2011
Jackpot:$254,200,000
Federal Tax:37% marginal rate
State Tax: 3%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$4,532,411$1,634,012$135,972$2,762,426
2$4,713,708$1,701,092$141,411$2,871,204
3$4,902,256$1,770,855$147,068$2,984,333
4$5,098,346$1,843,408$152,950$3,101,987
5$5,302,280$1,918,864$159,068$3,224,348
6$5,514,371$1,997,338$165,431$3,351,602
7$5,734,946$2,078,950$172,048$3,483,947
8$5,964,344$2,163,828$178,930$3,621,586
9$6,202,918$2,252,100$186,088$3,764,730
10$6,451,034$2,343,903$193,531$3,913,600
11$6,709,076$2,439,378$201,272$4,068,425
12$6,977,439$2,538,673$209,323$4,229,443
13$7,256,536$2,641,939$217,696$4,396,902
14$7,546,798$2,749,335$226,404$4,571,058
15$7,848,670$2,861,028$235,460$4,752,182
16$8,162,617$2,977,188$244,878$4,940,550
17$8,489,121$3,097,995$254,674$5,136,452
18$8,828,686$3,223,634$264,861$5,340,191
19$9,181,833$3,354,299$275,455$5,552,080
20$9,549,107$3,490,190$286,473$5,772,444
21$9,931,071$3,631,517$297,932$6,001,622
22$10,328,314$3,778,496$309,849$6,239,968
23$10,741,446$3,931,355$322,243$6,487,848
24$11,171,104$4,090,329$335,133$6,745,642
25$11,617,949$4,255,661$348,538$7,013,749
26$12,082,666$4,427,607$362,480$7,292,580
27$12,565,973$4,606,430$376,979$7,582,564
28$13,068,612$4,792,407$392,058$7,884,147
29$13,591,357$4,985,822$407,741$8,197,794
30$14,135,011$5,186,974$424,050$8,523,986
Total$254,200,000$92,764,607$7,625,996$153,809,390

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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.