USA Mega

Massachusetts Powerball Jackpot Annuity Payout Schedule for Nov 18, 2000

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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 $76,500,000 for a ticket purchased in Massachusetts, 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:

Massachusetts

Drawing Date:Sat, Nov 18, 2000
Jackpot:$76,500,000
Federal Tax:37% marginal rate
State Tax: 9%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$1,364,003$460,638$122,760$780,604
2$1,418,563$480,825$127,671$810,067
3$1,475,305$501,820$132,777$840,708
4$1,534,317$523,655$138,089$872,574
5$1,595,690$546,363$143,612$905,715
6$1,659,518$569,979$149,357$940,182
7$1,725,898$594,540$155,331$976,028
8$1,794,934$620,083$161,544$1,013,307
9$1,866,732$646,648$168,006$1,052,078
10$1,941,401$674,276$174,726$1,092,399
11$2,019,057$703,008$181,715$1,134,334
12$2,099,819$732,890$188,984$1,177,945
13$2,183,812$763,968$196,543$1,223,301
14$2,271,165$796,288$204,405$1,270,472
15$2,362,011$829,901$212,581$1,319,529
16$2,456,492$864,859$221,084$1,370,548
17$2,554,751$901,215$229,928$1,423,608
18$2,656,941$939,026$239,125$1,478,791
19$2,763,219$978,348$248,690$1,536,181
20$2,873,748$1,019,244$258,637$1,595,867
21$2,988,698$1,061,775$268,983$1,657,939
22$3,108,246$1,106,008$279,742$1,722,495
23$3,232,575$1,152,010$290,932$1,789,633
24$3,361,878$1,199,852$302,569$1,859,457
25$3,496,354$1,249,608$314,672$1,932,074
26$3,636,208$1,301,354$327,259$2,007,595
27$3,781,656$1,355,170$340,349$2,086,137
28$3,932,922$1,411,138$353,963$2,167,821
29$4,090,239$1,469,346$368,122$2,252,772
30$4,253,849$1,529,881$382,846$2,341,121
Total$76,500,000$26,983,716$6,885,002$42,631,282

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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.