USA Mega

New Hampshire Powerball Jackpot Annuity Payout Schedule for Oct 23, 2004

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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 $13,600,000 for a ticket purchased in New Hampshire, 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:

New Hampshire

Drawing Date:Sat, Oct 23, 2004
Jackpot:$13,600,000
Federal Tax:37% marginal rate
State Tax: No state tax on lottery prizes
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$242,489$54,053$0$188,437
2$252,189$57,156$0$195,032
3$262,276$60,566$0$201,710
4$272,768$64,238$0$208,530
5$283,678$68,057$0$215,622
6$295,025$72,028$0$222,997
7$306,826$76,158$0$230,668
8$319,099$80,454$0$238,645
9$331,863$84,921$0$246,942
10$345,138$89,568$0$255,570
11$358,943$94,399$0$264,544
12$373,301$99,425$0$273,877
13$388,233$104,651$0$283,582
14$403,763$110,086$0$293,676
15$419,913$115,739$0$304,174
16$436,710$121,618$0$315,092
17$454,178$127,732$0$326,446
18$472,345$134,090$0$338,255
19$491,239$140,703$0$350,536
20$510,888$147,580$0$363,308
21$531,324$154,733$0$376,591
22$552,577$162,171$0$390,406
23$574,680$169,907$0$404,773
24$597,667$177,953$0$419,714
25$621,574$186,320$0$435,254
26$646,437$195,139$0$451,298
27$672,294$204,706$0$467,588
28$699,186$214,656$0$484,530
29$727,154$225,004$0$502,150
30$756,240$235,766$0$520,474
Total$13,600,000$3,829,577$0$9,770,421

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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.