USA Mega

Pennsylvania Powerball Jackpot Annuity Payout Schedule for Mar 24, 2010

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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 $45,200,000 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, Mar 24, 2010
Jackpot:$45,200,000
Federal Tax:37% marginal rate
State Tax: 3.07%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$805,920$254,148$24,742$527,031
2$838,157$266,075$25,731$546,350
3$871,684$278,480$26,761$566,443
4$906,551$291,381$27,831$587,339
5$942,813$304,798$28,944$609,071
6$980,525$318,752$30,102$631,672
7$1,019,747$333,263$31,306$655,177
8$1,060,536$348,356$32,558$679,622
9$1,102,958$364,052$33,861$705,045
10$1,147,076$380,375$35,215$731,485
11$1,192,959$397,352$36,624$758,983
12$1,240,678$415,008$38,089$787,581
13$1,290,305$433,370$39,612$817,322
14$1,341,917$452,466$41,197$848,254
15$1,395,594$472,327$42,845$880,422
16$1,451,417$492,982$44,559$913,877
17$1,509,474$514,463$46,341$948,670
18$1,569,853$536,803$48,194$984,856
19$1,632,647$560,037$50,122$1,022,488
20$1,697,953$584,200$52,127$1,061,626
21$1,765,871$609,330$54,212$1,102,329
22$1,836,506$635,464$56,381$1,144,661
23$1,909,966$662,645$58,636$1,188,685
24$1,986,365$690,912$60,981$1,234,471
25$2,065,819$720,310$63,421$1,282,088
26$2,148,452$750,885$65,957$1,331,610
27$2,234,390$782,682$68,596$1,383,113
28$2,323,766$815,751$71,340$1,436,676
29$2,416,716$850,142$74,193$1,492,381
30$2,513,385$885,910$77,161$1,550,314
Total$45,200,000$15,402,719$1,387,639$28,409,642

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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.