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Louisiana Powerball Jackpot Annuity Payout Schedule for Feb 14, 2018

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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 $203,900,000 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, Feb 14, 2018
Jackpot:$203,900,000
Federal Tax:37% marginal rate
State Tax: 3%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$3,068,988$1,091,483$92,070$1,885,435
2$3,222,437$1,148,259$96,673$1,977,505
3$3,383,559$1,207,874$101,507$2,074,178
4$3,552,737$1,270,470$106,582$2,175,685
5$3,730,374$1,336,195$111,911$2,282,267
6$3,916,892$1,405,207$117,507$2,394,178
7$4,112,737$1,477,670$123,382$2,511,685
8$4,318,374$1,553,756$129,551$2,635,067
9$4,534,293$1,633,645$136,029$2,764,618
10$4,761,007$1,717,530$142,830$2,900,647
11$4,999,057$1,805,609$149,972$3,043,477
12$5,249,010$1,898,091$157,470$3,193,449
13$5,511,461$1,995,198$165,344$3,350,919
14$5,787,034$2,097,160$173,611$3,516,263
15$6,076,386$2,204,220$182,292$3,689,874
16$6,380,205$2,316,633$191,406$3,872,166
17$6,699,215$2,434,667$200,976$4,063,572
18$7,034,176$2,558,602$211,025$4,264,548
19$7,385,885$2,688,735$221,577$4,475,574
20$7,755,179$2,825,373$232,655$4,697,150
21$8,142,938$2,968,844$244,288$4,929,805
22$8,550,085$3,119,489$256,503$5,174,094
23$8,977,589$3,277,665$269,328$5,430,596
24$9,426,468$3,443,751$282,794$5,699,924
25$9,897,792$3,618,140$296,934$5,982,718
26$10,392,681$3,801,249$311,780$6,279,652
27$10,912,316$3,993,514$327,369$6,591,432
28$11,457,931$4,195,392$343,738$6,918,801
29$12,030,828$4,407,364$360,925$7,262,539
30$12,632,369$4,629,934$378,971$7,623,464
Total$203,900,000$74,121,719$6,117,000$123,661,282

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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.