USA Mega

Montana Powerball Jackpot Annuity Payout Schedule for Dec 3, 2022

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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 $79,900,000 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, Dec 3, 2022
Jackpot:$79,900,000
Federal Tax:37% marginal rate
State Tax: 5.9%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$1,202,610$401,986$70,954$729,670
2$1,262,740$424,234$74,502$764,004
3$1,325,877$447,595$78,227$800,056
4$1,392,171$472,124$82,138$837,909
5$1,461,780$497,879$86,245$877,656
6$1,534,869$524,922$90,557$919,390
7$1,611,612$553,317$95,085$963,210
8$1,692,193$583,132$99,839$1,009,222
9$1,776,802$614,437$104,831$1,057,534
10$1,865,642$647,308$110,073$1,108,262
11$1,958,924$681,822$115,577$1,161,526
12$2,056,871$718,062$121,355$1,217,453
13$2,159,714$756,114$127,423$1,276,177
14$2,267,700$796,069$133,794$1,337,836
15$2,381,085$838,022$140,484$1,402,579
16$2,500,139$882,072$147,508$1,470,559
17$2,625,146$928,324$154,884$1,541,938
18$2,756,403$976,890$162,628$1,616,886
19$2,894,224$1,027,883$170,759$1,695,581
20$3,038,935$1,081,426$179,297$1,778,211
21$3,190,881$1,137,646$188,262$1,864,973
22$3,350,426$1,196,678$197,675$1,956,073
23$3,517,947$1,258,661$207,559$2,051,727
24$3,693,844$1,323,743$217,937$2,152,165
25$3,878,536$1,392,079$228,834$2,257,624
26$4,072,463$1,463,832$240,275$2,368,356
27$4,276,086$1,539,172$252,289$2,484,625
28$4,489,891$1,618,280$264,904$2,606,707
29$4,714,385$1,701,343$278,149$2,734,894
30$4,950,104$1,788,559$292,056$2,869,489
Total$79,900,000$28,273,611$4,714,100$46,912,292

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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.