USA Mega

Pennsylvania Powerball Jackpot Annuity Payout Schedule for Nov 2, 1994

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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 $15,300,000 for a ticket purchased in Pennsylvania, 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:

Pennsylvania

Drawing Date:Wed, Nov 2, 1994
Jackpot:$15,300,000
Federal Tax:37% marginal rate
State Tax: 3.07%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$272,801$64,249$8,375$200,176
2$283,713$68,069$8,710$206,934
3$295,061$72,041$9,058$213,962
4$306,863$76,171$9,421$221,271
5$319,138$80,468$9,798$228,873
6$331,904$84,935$10,189$236,779
7$345,180$89,582$10,597$245,001
8$358,987$94,415$11,021$253,551
9$373,346$99,440$11,462$262,444
10$388,280$104,667$11,920$271,693
11$403,811$110,103$12,397$281,311
12$419,964$115,757$12,893$291,314
13$436,762$121,636$13,409$301,718
14$454,233$127,751$13,945$312,537
15$472,402$134,110$14,503$323,789
16$491,298$140,724$15,083$335,492
17$510,950$147,602$15,686$347,662
18$531,388$154,755$16,314$360,320
19$552,644$162,195$16,966$373,483
20$574,750$169,932$17,645$387,173
21$597,740$177,978$18,351$401,411
22$621,649$186,346$19,085$416,218
23$646,515$195,168$19,848$431,499
24$672,376$204,736$20,642$446,997
25$699,271$214,687$21,468$463,116
26$727,242$225,037$22,326$479,879
27$756,331$235,800$23,219$497,312
28$786,584$246,993$24,148$515,443
29$818,048$258,635$25,114$534,299
30$850,770$270,742$26,119$553,909
Total$15,300,000$4,434,724$469,712$10,395,566

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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.