USA Mega

Pennsylvania Powerball Jackpot Annuity Payout Schedule for Apr 10, 1999

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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 $16,300,000 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, Apr 10, 1999
Jackpot:$16,300,000
Federal Tax:37% marginal rate
State Tax: 3.07%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$290,631$70,490$8,922$211,218
2$302,256$74,559$9,279$218,418
3$314,346$78,790$9,650$225,905
4$326,920$83,191$10,036$233,692
5$339,997$87,768$10,438$241,791
6$353,597$92,528$10,855$250,213
7$367,740$97,478$11,290$258,972
8$382,450$102,627$11,741$268,082
9$397,748$107,981$12,211$277,556
10$413,658$113,550$12,699$287,409
11$430,204$119,341$13,207$297,656
12$447,412$125,364$13,736$308,313
13$465,309$131,627$14,285$319,397
14$483,921$138,142$14,856$330,923
15$503,278$144,917$15,451$342,911
16$523,409$151,963$16,069$355,378
17$544,346$159,290$16,711$368,344
18$566,120$166,911$17,380$381,829
19$588,764$174,837$18,075$395,852
20$612,315$183,079$18,798$410,437
21$636,807$191,652$19,550$425,606
22$662,280$201,001$20,332$440,947
23$688,771$210,803$21,145$456,823
24$716,322$220,996$21,991$473,334
25$744,975$231,598$22,871$490,506
26$774,774$242,624$23,786$508,365
27$805,765$254,090$24,737$526,937
28$837,995$266,015$25,726$546,253
29$871,515$278,418$26,756$566,342
30$906,376$291,316$27,826$587,234
Total$16,300,000$4,792,946$500,409$11,006,643

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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.