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New Hampshire Powerball Jackpot Annuity Payout Schedule for Sep 25, 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 $111,300,000 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, Sep 25, 2004
Jackpot:$111,300,000
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$1,984,490$690,219$0$1,294,271
2$2,063,870$719,589$0$1,344,281
3$2,146,424$750,134$0$1,396,290
4$2,232,281$781,901$0$1,450,380
5$2,321,573$814,939$0$1,506,634
6$2,414,436$849,298$0$1,565,137
7$2,511,013$885,032$0$1,625,981
8$2,611,454$922,195$0$1,689,258
9$2,715,912$960,845$0$1,755,067
10$2,824,548$1,001,040$0$1,823,508
11$2,937,530$1,042,843$0$1,894,687
12$3,055,031$1,086,319$0$1,968,712
13$3,177,232$1,131,533$0$2,045,699
14$3,304,322$1,178,556$0$2,125,765
15$3,436,495$1,227,460$0$2,209,034
16$3,573,954$1,278,320$0$2,295,634
17$3,716,913$1,331,215$0$2,385,698
18$3,865,589$1,386,225$0$2,479,364
19$4,020,213$1,443,436$0$2,576,777
20$4,181,021$1,502,935$0$2,678,086
21$4,348,262$1,564,814$0$2,783,448
22$4,522,193$1,629,168$0$2,893,024
23$4,703,080$1,696,097$0$3,006,983
24$4,891,203$1,765,703$0$3,125,501
25$5,086,852$1,838,092$0$3,248,759
26$5,290,326$1,913,378$0$3,376,948
27$5,501,939$1,991,675$0$3,510,264
28$5,722,016$2,073,103$0$3,648,913
29$5,950,897$2,157,789$0$3,793,108
30$6,188,933$2,245,862$0$3,943,070
Total$111,300,000$39,859,715$0$71,440,281

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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.