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Pennsylvania Powerball Jackpot Annuity Payout Schedule for Apr 10, 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 $150,900,000 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 10, 2010
Jackpot:$150,900,000
Federal Tax:37% marginal rate
State Tax: 3.07%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$2,690,562$951,465$82,600$1,656,497
2$2,798,184$991,285$85,904$1,720,995
3$2,910,112$1,032,699$89,340$1,788,073
4$3,026,516$1,075,768$92,914$1,857,834
5$3,147,577$1,120,561$96,631$1,930,386
6$3,273,480$1,167,145$100,496$2,005,839
7$3,404,419$1,215,592$104,516$2,084,311
8$3,540,596$1,265,978$108,696$2,165,922
9$3,682,220$1,318,379$113,044$2,250,797
10$3,829,509$1,372,875$117,566$2,339,067
11$3,982,689$1,429,552$122,269$2,430,868
12$4,141,997$1,488,496$127,159$2,526,341
13$4,307,676$1,549,798$132,246$2,625,633
14$4,479,983$1,613,551$137,535$2,728,897
15$4,659,183$1,679,855$143,037$2,836,291
16$4,845,550$1,748,811$148,758$2,947,981
17$5,039,372$1,820,525$154,709$3,064,138
18$5,240,947$1,895,108$160,897$3,184,942
19$5,450,585$1,972,674$167,333$3,310,578
20$5,668,608$2,053,342$174,026$3,441,240
21$5,895,353$2,137,238$180,987$3,577,128
22$6,131,167$2,224,489$188,227$3,718,451
23$6,376,413$2,315,230$195,756$3,865,427
24$6,631,470$2,409,601$203,586$4,018,283
25$6,896,729$2,507,747$211,730$4,177,252
26$7,172,598$2,609,818$220,199$4,342,581
27$7,459,502$2,715,973$229,007$4,514,522
28$7,757,882$2,826,374$238,167$4,693,341
29$8,068,197$2,941,190$247,694$4,879,313
30$8,390,925$3,060,599$257,601$5,072,724
Total$150,900,000$54,511,718$4,632,630$91,755,652

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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.