USA Mega

Louisiana Powerball Jackpot Annuity Payout Schedule for Nov 8, 2014

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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 $202,600,000 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 8, 2014
Jackpot:$202,600,000
Federal Tax:37% marginal rate
State Tax: 3%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$3,612,378$1,292,537$108,371$2,211,470
2$3,756,873$1,346,000$112,706$2,298,167
3$3,907,148$1,401,602$117,214$2,388,332
4$4,063,434$1,459,428$121,903$2,482,103
5$4,225,971$1,519,567$126,779$2,579,626
6$4,395,010$1,582,111$131,850$2,681,049
7$4,570,811$1,647,157$137,124$2,786,529
8$4,753,643$1,714,805$142,609$2,896,229
9$4,943,789$1,785,159$148,314$3,010,316
10$5,141,540$1,858,327$154,246$3,128,967
11$5,347,202$1,934,422$160,416$3,252,364
12$5,561,090$2,013,561$166,833$3,380,697
13$5,783,534$2,095,865$173,506$3,514,163
14$6,014,875$2,181,461$180,446$3,652,968
15$6,255,470$2,270,481$187,664$3,797,325
16$6,505,689$2,363,062$195,171$3,947,456
17$6,765,916$2,459,346$202,977$4,103,593
18$7,036,553$2,559,482$211,097$4,265,975
19$7,318,015$2,663,623$219,540$4,434,852
20$7,610,736$2,771,929$228,322$4,610,484
21$7,915,165$2,884,568$237,455$4,793,142
22$8,231,772$3,001,713$246,953$4,983,106
23$8,561,043$3,123,543$256,831$5,180,668
24$8,903,484$3,250,246$267,105$5,386,133
25$9,259,624$3,382,018$277,789$5,599,817
26$9,630,009$3,519,060$288,900$5,822,048
27$10,015,209$3,661,585$300,456$6,053,168
28$10,415,817$3,809,810$312,475$6,293,533
29$10,832,450$3,963,964$324,974$6,543,513
30$11,265,748$4,124,284$337,972$6,803,492
Total$202,600,000$73,640,716$6,077,998$122,881,285

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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.