USA Mega

Pennsylvania Powerball Jackpot Annuity Payout Schedule for Mar 19, 2003

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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 $44,800,000 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, Mar 19, 2003
Jackpot:$44,800,000
Federal Tax:37% marginal rate
State Tax: 3.07%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$798,788$251,509$24,523$522,757
2$830,740$263,331$25,504$541,905
3$863,970$275,626$26,524$561,820
4$898,528$288,413$27,585$582,531
5$934,469$301,711$28,688$604,070
6$971,848$315,541$29,836$626,471
7$1,010,722$329,924$31,029$649,769
8$1,051,151$344,883$32,270$673,998
9$1,093,197$360,440$33,561$699,196
10$1,136,925$376,620$34,904$725,402
11$1,182,402$393,446$36,300$752,656
12$1,229,698$410,946$37,752$781,001
13$1,278,886$429,145$39,262$810,479
14$1,330,041$448,073$40,832$841,137
15$1,383,243$467,757$42,466$873,020
16$1,438,573$488,229$44,164$906,179
17$1,496,116$509,520$45,931$940,665
18$1,555,960$531,663$47,768$976,530
19$1,618,199$554,691$49,679$1,013,829
20$1,682,927$578,640$51,666$1,052,621
21$1,750,244$603,547$53,732$1,092,964
22$1,820,254$629,451$55,882$1,134,921
23$1,893,064$656,391$58,117$1,178,556
24$1,968,786$684,408$60,442$1,223,936
25$2,047,538$713,546$62,859$1,271,132
26$2,129,439$743,850$65,374$1,320,216
27$2,214,617$775,365$67,989$1,371,263
28$2,303,201$808,142$70,708$1,424,351
29$2,395,330$842,229$73,537$1,479,564
30$2,491,143$877,680$76,478$1,536,985
Total$44,800,000$15,254,717$1,375,362$28,169,924

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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.