USA Mega

Montana Powerball Jackpot Annuity Payout Schedule for May 13, 2000

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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 $35,100,000 for a ticket purchased in Montana, 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:

Montana

Drawing Date:Sat, May 13, 2000
Jackpot:$35,100,000
Federal Tax:37% marginal rate
State Tax: 5.9%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$625,836$188,590$36,924$400,322
2$650,870$197,842$38,401$414,626
3$676,905$207,475$39,937$429,492
4$703,981$217,493$41,535$444,953
5$732,140$227,912$43,196$461,032
6$761,426$238,748$44,924$477,754
7$791,883$250,017$46,721$495,145
8$823,558$261,737$48,590$513,231
9$856,500$273,925$50,534$532,041
10$890,760$286,602$52,555$551,604
11$926,391$299,785$54,657$571,949
12$963,447$313,495$56,843$593,108
13$1,001,984$327,754$59,117$615,113
14$1,042,064$342,584$61,482$637,998
15$1,083,746$358,006$63,941$661,799
16$1,127,096$374,046$66,499$686,552
17$1,172,180$390,727$69,159$712,295
18$1,219,067$408,075$71,925$739,067
19$1,267,830$426,117$74,802$766,911
20$1,318,543$444,881$77,794$795,868
21$1,371,285$464,396$80,906$825,983
22$1,426,136$484,691$84,142$857,304
23$1,483,182$505,797$87,508$889,876
24$1,542,509$527,749$91,008$923,752
25$1,604,209$550,578$94,648$958,983
26$1,668,378$574,320$98,434$995,623
27$1,735,113$599,012$102,372$1,033,729
28$1,804,517$624,692$106,467$1,073,359
29$1,876,698$651,398$110,725$1,114,574
30$1,951,766$679,174$115,154$1,157,438
Total$35,100,000$11,697,618$2,070,900$21,331,481

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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.