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Pennsylvania Powerball Jackpot Annuity Payout Schedule for Sep 8, 2010

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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 $63,700,000 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, Sep 8, 2010
Jackpot:$63,700,000
Federal Tax:37% marginal rate
State Tax: 3.07%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$1,135,777$377,258$34,868$723,651
2$1,181,208$394,067$36,263$750,878
3$1,228,457$411,549$37,714$779,194
4$1,277,595$429,730$39,222$808,642
5$1,328,699$448,639$40,791$839,269
6$1,381,847$468,304$42,423$871,121
7$1,437,121$488,755$44,120$904,246
8$1,494,605$510,024$45,884$938,697
9$1,554,390$532,144$47,720$974,525
10$1,616,565$555,149$49,629$1,011,787
11$1,681,228$579,075$51,614$1,050,540
12$1,748,477$603,957$53,678$1,090,842
13$1,818,416$629,834$55,825$1,132,757
14$1,891,153$656,747$58,058$1,176,348
15$1,966,799$684,736$60,381$1,221,682
16$2,045,471$713,844$62,796$1,268,830
17$2,127,290$744,117$65,308$1,317,864
18$2,212,381$775,601$67,920$1,368,860
19$2,300,876$808,345$70,637$1,421,895
20$2,392,911$842,398$73,462$1,477,052
21$2,488,628$877,813$76,401$1,534,414
22$2,588,173$914,644$79,457$1,594,072
23$2,691,700$952,949$82,635$1,656,116
24$2,799,368$992,786$85,941$1,720,641
25$2,911,343$1,034,217$89,378$1,787,747
26$3,027,796$1,077,305$92,953$1,857,538
27$3,148,908$1,122,116$96,671$1,930,120
28$3,274,865$1,168,720$100,538$2,005,606
29$3,405,859$1,217,188$104,560$2,084,111
30$3,542,094$1,267,595$108,742$2,165,756
Total$63,700,000$22,279,606$1,955,589$39,464,801

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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.