USA Mega

Pennsylvania Powerball Jackpot Annuity Payout Schedule for May 20, 2009

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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 $169,200,000 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 20, 2009
Jackpot:$169,200,000
Federal Tax:37% marginal rate
State Tax: 3.07%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$3,016,853$1,072,193$92,617$1,852,043
2$3,137,527$1,116,842$96,322$1,924,363
3$3,263,028$1,163,278$100,175$1,999,575
4$3,393,549$1,211,570$104,182$2,077,797
5$3,529,291$1,261,795$108,349$2,159,147
6$3,670,463$1,314,028$112,683$2,243,751
7$3,817,281$1,368,351$117,191$2,331,739
8$3,969,972$1,424,847$121,878$2,423,247
9$4,128,771$1,483,603$126,753$2,518,415
10$4,293,922$1,544,708$131,823$2,617,390
11$4,465,679$1,608,259$137,096$2,720,324
12$4,644,306$1,674,351$142,580$2,827,375
13$4,830,078$1,743,086$148,283$2,938,709
14$5,023,282$1,814,571$154,215$3,054,495
15$5,224,213$1,888,916$160,383$3,174,914
16$5,433,181$1,966,234$166,799$3,300,148
17$5,650,509$2,046,645$173,471$3,430,393
18$5,876,529$2,130,273$180,409$3,565,847
19$6,111,590$2,217,246$187,626$3,706,719
20$6,356,054$2,307,697$195,131$3,853,226
21$6,610,296$2,401,767$202,936$4,005,593
22$6,874,708$2,499,599$211,054$4,164,055
23$7,149,696$2,601,345$219,496$4,328,856
24$7,435,684$2,707,160$228,275$4,500,248
25$7,733,111$2,817,208$237,407$4,678,496
26$8,042,436$2,931,658$246,903$4,863,874
27$8,364,133$3,050,687$256,779$5,056,668
28$8,698,698$3,174,476$267,050$5,257,173
29$9,046,646$3,303,216$277,732$5,465,698
30$9,408,512$3,437,107$288,841$5,682,564
Total$169,200,000$61,282,716$5,194,439$102,722,842

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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.