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Louisiana Powerball Jackpot Annuity Payout Schedule for Nov 6, 2023

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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 $181,900,000 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:Mon, Nov 6, 2023
Jackpot:$181,900,000
Federal Tax:37% marginal rate
State Tax: 3%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$2,737,856$970,027$82,136$1,685,693
2$2,874,749$1,020,677$86,242$1,767,829
3$3,018,486$1,073,860$90,555$1,854,072
4$3,169,411$1,129,702$95,082$1,944,626
5$3,327,881$1,188,336$99,836$2,039,708
6$3,494,275$1,249,902$104,828$2,139,545
7$3,668,989$1,314,546$110,070$2,244,373
8$3,852,438$1,382,422$115,573$2,354,443
9$4,045,060$1,453,693$121,352$2,470,016
10$4,247,313$1,528,526$127,419$2,591,368
11$4,459,679$1,607,101$133,790$2,718,787
12$4,682,663$1,689,606$140,480$2,852,578
13$4,916,796$1,776,235$147,504$2,993,057
14$5,162,636$1,867,196$154,879$3,140,561
15$5,420,768$1,962,704$162,623$3,295,440
16$5,691,806$2,062,989$170,754$3,458,063
17$5,976,396$2,168,287$179,292$3,628,818
18$6,275,216$2,278,850$188,256$3,808,109
19$6,588,977$2,394,942$197,669$3,996,366
20$6,918,426$2,516,838$207,553$4,194,035
21$7,264,347$2,644,829$217,930$4,401,588
22$7,627,564$2,779,219$228,827$4,619,518
23$8,008,943$2,920,329$240,268$4,848,345
24$8,409,390$3,068,494$252,282$5,088,614
25$8,829,859$3,224,068$264,896$5,340,895
26$9,271,352$3,387,421$278,141$5,605,791
27$9,734,920$3,558,941$292,048$5,883,932
28$10,221,666$3,739,037$306,650$6,175,979
29$10,732,749$3,928,137$321,982$6,482,629
30$11,269,387$4,126,693$338,082$6,804,612
Total$181,900,000$66,013,607$5,456,999$110,429,390

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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.