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Massachusetts Powerball Jackpot Annuity Payout Schedule for Mar 13, 2019

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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 $448,200,000 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:Wed, Mar 13, 2019
Jackpot:$448,200,000
Federal Tax:37% marginal rate
State Tax: 9%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$6,746,053$2,451,997$607,145$3,686,911
2$7,083,356$2,576,799$637,502$3,869,055
3$7,437,524$2,707,841$669,377$4,060,305
4$7,809,400$2,845,435$702,846$4,261,119
5$8,199,870$2,989,909$737,988$4,471,972
6$8,609,863$3,141,607$774,888$4,693,369
7$9,040,357$3,300,889$813,632$4,925,835
8$9,492,374$3,468,136$854,314$5,169,925
9$9,966,993$3,643,745$897,029$5,426,219
10$10,465,343$3,828,134$941,881$5,695,328
11$10,988,610$4,021,743$988,975$5,977,892
12$11,538,040$4,225,032$1,038,424$6,274,585
13$12,114,942$4,438,486$1,090,345$6,586,112
14$12,720,690$4,662,612$1,144,862$6,913,215
15$13,356,724$4,897,945$1,202,105$7,256,674
16$14,024,560$5,145,045$1,262,210$7,617,305
17$14,725,788$5,404,499$1,325,321$7,995,968
18$15,462,078$5,676,926$1,391,587$8,393,565
19$16,235,181$5,962,974$1,461,166$8,811,041
20$17,046,941$6,263,325$1,534,225$9,249,391
21$17,899,287$6,578,694$1,610,936$9,709,658
22$18,794,252$6,909,830$1,691,483$10,192,939
23$19,733,965$7,257,524$1,776,057$10,700,384
24$20,720,662$7,622,602$1,864,860$11,233,200
25$21,756,696$8,005,935$1,958,103$11,792,658
26$22,844,531$8,408,434$2,056,008$12,380,089
27$23,986,757$8,831,057$2,158,808$12,996,892
28$25,186,095$9,274,812$2,266,749$13,644,534
29$26,445,400$9,740,755$2,380,086$14,324,559
30$27,767,670$10,229,995$2,499,090$15,038,584
Total$448,200,001$164,512,717$40,338,002$243,349,283

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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.