USA Mega

Pennsylvania Powerball Jackpot Annuity Payout Schedule for May 3, 2000

Media: You may freely use any information on this page, but you must credit usamega.com.

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 $18,200,000 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, May 3, 2000
Jackpot:$18,200,000
Federal Tax:37% marginal rate
State Tax: 3.07%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$324,508$82,347$9,962$232,198
2$337,488$86,890$10,361$240,237
3$350,988$91,615$10,775$248,597
4$365,027$96,529$11,206$257,292
5$379,628$101,639$11,655$266,335
6$394,813$106,954$12,121$275,739
7$410,606$112,481$12,606$285,519
8$427,030$118,230$13,110$295,691
9$444,111$124,208$13,634$306,269
10$461,876$130,426$14,180$317,270
11$480,351$136,892$14,747$328,712
12$499,565$143,617$15,337$340,611
13$519,547$150,611$15,950$352,986
14$540,329$157,885$16,588$365,857
15$561,943$165,449$17,252$379,242
16$584,420$173,316$17,942$393,162
17$607,797$181,498$18,659$407,639
18$632,109$190,007$19,406$422,696
19$657,393$199,193$20,182$438,019
20$683,689$208,922$20,989$453,778
21$711,037$219,041$21,829$470,167
22$739,478$229,564$22,702$487,212
23$769,057$240,508$23,610$504,939
24$799,819$251,890$24,554$523,375
25$831,812$263,728$25,537$542,548
26$865,085$276,039$26,558$562,488
27$899,688$288,842$27,620$583,226
28$935,676$302,157$28,725$604,793
29$973,103$316,005$29,874$627,223
30$1,012,027$330,407$31,069$650,550
Total$18,200,000$5,476,890$558,740$12,164,370

◄ Back to Jackpot Analysis

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.