USA Mega

Montana Powerball Jackpot Annuity Payout Schedule for Jun 25, 2022

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The tax information provided here is based on 2022 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 $333,700,000 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 prize money, as well as deductions claimed.

State:

Montana

Drawing Date:Sat, Jun 25, 2022
Jackpot:$333,700,000
Federal Tax:37% marginal rate
State Tax: 6.9%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$5,022,664$1,821,341$346,564$2,854,759
2$5,273,797$1,914,260$363,892$2,995,645
3$5,537,487$2,011,825$382,087$3,143,575
4$5,814,361$2,114,269$401,191$3,298,902
5$6,105,079$2,221,834$421,250$3,461,994
6$6,410,333$2,334,778$442,313$3,633,242
7$6,730,850$2,453,370$464,429$3,813,052
8$7,067,393$2,577,890$487,650$4,001,852
9$7,420,762$2,708,637$512,033$4,200,093
10$7,791,800$2,845,921$537,634$4,408,245
11$8,181,390$2,990,069$564,516$4,626,805
12$8,590,460$3,141,425$592,742$4,856,293
13$9,019,983$3,300,349$622,379$5,097,255
14$9,470,982$3,467,218$653,498$5,350,266
15$9,944,531$3,642,431$686,173$5,615,927
16$10,441,758$3,826,405$720,481$5,894,871
17$10,963,845$4,019,578$756,505$6,187,762
18$11,512,038$4,222,409$794,331$6,495,298
19$12,087,639$4,435,382$834,047$6,818,211
20$12,692,022$4,659,003$875,749$7,157,269
21$13,326,623$4,893,805$919,537$7,513,280
22$13,992,954$5,140,348$965,514$7,887,092
23$14,692,601$5,399,218$1,013,789$8,279,594
24$15,427,231$5,671,031$1,064,479$8,691,722
25$16,198,593$5,956,434$1,117,703$9,124,456
26$17,008,523$6,256,108$1,173,588$9,578,826
27$17,858,949$6,570,766$1,232,267$10,055,915
28$18,751,896$6,901,157$1,293,881$10,556,859
29$19,689,491$7,248,067$1,358,575$11,082,849
30$20,673,966$7,612,322$1,426,504$11,635,140
Total$333,700,001$122,357,650$23,025,301$188,317,049

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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.