USA Mega

Pennsylvania Powerball Jackpot Annuity Payout Schedule for Apr 16, 2005

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

The tax information provided here is based on 2025 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 $31,800,000 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:Sat, Apr 16, 2005
Jackpot:$31,800,000
Federal Tax:37% marginal rate
State Tax: 3.07%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$566,997$167,996$17,407$381,594
2$589,677$175,934$18,103$395,640
3$613,264$184,190$18,827$410,247
4$637,795$193,004$19,580$425,210
5$663,306$202,444$20,364$440,499
6$689,839$212,261$21,178$456,400
7$717,432$222,470$22,025$472,937
8$746,130$233,088$22,906$490,135
9$775,975$244,131$23,822$508,021
10$807,014$255,615$24,775$526,623
11$839,294$267,559$25,766$545,969
12$872,866$279,981$26,797$566,088
13$907,781$292,899$27,869$587,013
14$944,092$306,334$28,984$608,774
15$981,856$320,307$30,143$631,406
16$1,021,130$334,838$31,349$654,943
17$1,061,975$349,951$32,603$679,421
18$1,104,454$365,668$33,907$704,879
19$1,148,632$382,014$35,263$731,355
20$1,194,577$399,014$36,674$758,890
21$1,242,361$416,694$38,140$787,526
22$1,292,055$435,081$39,666$817,308
23$1,343,737$454,203$41,253$848,281
24$1,397,487$474,090$42,903$880,494
25$1,453,386$494,773$44,619$913,994
26$1,511,522$516,283$46,404$948,835
27$1,571,982$538,654$48,260$985,069
28$1,634,862$561,919$50,190$1,022,752
29$1,700,256$586,115$52,198$1,061,943
30$1,768,266$611,279$54,286$1,102,702
Total$31,800,000$10,478,789$976,261$20,344,948

◄ 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.