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New Hampshire Powerball Jackpot Annuity Payout Schedule for Apr 12, 2006

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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 $224,200,000 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:Wed, Apr 12, 2006
Jackpot:$224,200,000
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$3,997,508$1,435,035$0$2,562,473
2$4,157,409$1,494,198$0$2,663,210
3$4,323,705$1,555,728$0$2,767,977
4$4,496,653$1,619,719$0$2,876,934
5$4,676,519$1,686,269$0$2,990,250
6$4,863,580$1,755,482$0$3,108,098
7$5,058,123$1,827,463$0$3,230,660
8$5,260,448$1,902,323$0$3,358,125
9$5,470,866$1,980,178$0$3,490,688
10$5,689,701$2,061,147$0$3,628,554
11$5,917,289$2,145,354$0$3,771,935
12$6,153,980$2,232,930$0$3,921,050
13$6,400,139$2,324,009$0$4,076,131
14$6,656,145$2,418,731$0$4,237,414
15$6,922,391$2,517,242$0$4,405,149
16$7,199,286$2,619,693$0$4,579,593
17$7,487,258$2,726,243$0$4,761,015
18$7,786,748$2,837,054$0$4,949,694
19$8,098,218$2,952,298$0$5,145,920
20$8,422,147$3,072,152$0$5,349,995
21$8,759,033$3,196,799$0$5,562,233
22$9,109,394$3,326,433$0$5,782,961
23$9,473,770$3,461,252$0$6,012,518
24$9,852,721$3,601,464$0$6,251,257
25$10,246,829$3,747,284$0$6,499,545
26$10,656,703$3,898,937$0$6,757,765
27$11,082,971$4,056,656$0$7,026,314
28$11,526,290$4,220,684$0$7,305,605
29$11,987,341$4,391,273$0$7,596,068
30$12,466,835$4,568,686$0$7,898,149
Total$224,200,000$81,632,716$0$142,567,280

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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.