USA Mega

Pennsylvania Powerball Jackpot Annuity Payout Schedule for Sep 17, 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 $5,300,000 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:Sat, Sep 17, 1994
Jackpot:$5,300,000
Federal Tax:37% marginal rate
State Tax: 3.07%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$94,500$15,502$2,901$76,096
2$98,280$16,333$3,017$78,929
3$102,211$17,198$3,138$81,874
4$106,299$18,110$3,263$84,926
5$110,551$19,130$3,394$88,027
6$114,973$20,192$3,530$91,252
7$119,572$21,295$3,671$94,606
8$124,355$22,443$3,818$98,094
9$129,329$23,637$3,970$101,722
10$134,502$24,879$4,129$105,495
11$139,882$26,170$4,294$109,418
12$145,478$27,513$4,466$113,499
13$151,297$28,909$4,645$117,743
14$157,349$30,362$4,831$122,156
15$163,643$31,872$5,024$126,747
16$170,188$33,443$5,225$131,520
17$176,996$35,077$5,434$136,485
18$184,076$36,776$5,651$141,648
19$191,439$38,543$5,877$147,018
20$199,096$40,381$6,112$152,603
21$207,060$42,715$6,357$157,988
22$215,343$45,366$6,611$163,366
23$223,956$48,122$6,875$168,959
24$232,914$50,989$7,150$174,775
25$242,231$53,970$7,436$180,825
26$251,920$57,070$7,734$187,116
27$261,997$60,468$8,043$193,486
28$272,477$64,136$8,365$199,976
29$283,376$67,951$8,700$206,726
30$294,711$71,918$9,048$213,745
Total$5,300,000$1,090,470$162,709$4,046,820

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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.