USA Mega

New Hampshire Powerball Jackpot Annuity Payout Schedule for Jan 4, 2012

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The tax information provided here is based on 2024 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 $31,700,000 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, Jan 4, 2012
Jackpot:$31,700,000
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$565,214$168,200$0$397,014
2$587,823$176,113$0$411,710
3$611,336$184,382$0$426,954
4$635,789$193,430$0$442,359
5$661,221$202,839$0$458,381
6$687,669$212,625$0$475,044
7$715,176$222,803$0$492,373
8$743,783$233,388$0$510,396
9$773,535$244,396$0$529,139
10$804,476$255,844$0$548,632
11$836,655$267,750$0$568,905
12$870,121$280,133$0$589,989
13$904,926$293,010$0$611,916
14$941,123$306,403$0$634,720
15$978,768$320,332$0$658,436
16$1,017,919$334,818$0$683,101
17$1,058,635$349,883$0$708,753
18$1,100,981$365,551$0$735,430
19$1,145,020$381,845$0$763,175
20$1,190,821$398,792$0$792,029
21$1,238,454$416,416$0$822,038
22$1,287,992$434,745$0$853,247
23$1,339,512$453,807$0$885,705
24$1,393,092$473,632$0$919,460
25$1,448,816$494,250$0$954,566
26$1,506,768$515,692$0$991,076
27$1,567,039$537,992$0$1,029,047
28$1,629,721$561,184$0$1,068,536
29$1,694,910$585,304$0$1,109,605
30$1,762,706$610,389$0$1,152,317
Total$31,700,000$10,475,948$0$21,224,053

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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.