USA Mega

Pennsylvania Powerball Jackpot Annuity Payout Schedule for Mar 9, 2011

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

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 $39,500,000 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 9, 2011
Jackpot:$39,500,000
Federal Tax:37% marginal rate
State Tax: 3.07%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$704,289$216,544$21,622$466,123
2$732,460$226,968$22,487$483,006
3$761,759$237,808$23,386$500,565
4$792,229$249,082$24,321$518,826
5$823,918$260,807$25,294$537,817
6$856,875$273,001$26,306$557,568
7$891,150$285,683$27,358$578,109
8$926,796$298,872$28,453$599,472
9$963,868$312,588$29,591$621,689
10$1,002,423$326,854$30,774$644,795
11$1,042,520$341,690$32,005$668,825
12$1,084,220$357,119$33,286$693,816
13$1,127,589$373,165$34,617$719,807
14$1,172,693$389,854$36,002$746,838
15$1,219,601$407,209$37,442$774,949
16$1,268,385$425,260$38,939$804,186
17$1,319,120$444,032$40,497$834,591
18$1,371,885$463,555$42,117$866,213
19$1,426,760$483,858$43,802$899,100
20$1,483,831$504,975$45,554$933,302
21$1,543,184$526,935$47,376$968,873
22$1,604,911$549,774$49,271$1,005,866
23$1,669,108$573,527$51,242$1,044,339
24$1,735,872$598,230$53,291$1,084,351
25$1,805,307$623,921$55,423$1,125,963
26$1,877,519$650,639$57,640$1,169,240
27$1,952,620$678,427$59,945$1,214,248
28$2,030,725$707,325$62,343$1,261,056
29$2,111,954$737,380$64,837$1,309,736
30$2,196,432$768,637$67,430$1,360,364
Total$39,500,000$13,293,719$1,212,651$24,993,633

◄ 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.