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Pennsylvania Powerball Jackpot Annuity Payout Schedule for Feb 11, 2012

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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 $336,400,000 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, Feb 11, 2012
Jackpot:$336,400,000
Federal Tax:37% marginal rate
State Tax: 3.07%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$5,998,045$2,175,234$184,140$3,638,671
2$6,237,967$2,264,005$191,506$3,782,456
3$6,487,486$2,356,327$199,166$3,931,993
4$6,746,985$2,452,342$207,132$4,087,511
5$7,016,865$2,552,197$215,418$4,249,250
6$7,297,539$2,656,047$224,034$4,417,458
7$7,589,441$2,764,050$232,996$4,592,395
8$7,893,018$2,876,374$242,316$4,774,329
9$8,208,739$2,993,191$252,008$4,963,540
10$8,537,089$3,114,680$262,089$5,160,320
11$8,878,572$3,241,029$272,572$5,364,971
12$9,233,715$3,372,432$283,475$5,577,808
13$9,603,064$3,509,091$294,814$5,799,159
14$9,987,186$3,651,216$306,607$6,029,364
15$10,386,674$3,799,027$318,871$6,268,776
16$10,802,141$3,952,749$331,626$6,517,766
17$11,234,226$4,112,621$344,891$6,776,715
18$11,683,596$4,278,888$358,686$7,046,022
19$12,150,939$4,451,805$373,034$7,326,101
20$12,636,977$4,631,639$387,955$7,617,383
21$13,142,456$4,818,666$403,473$7,920,317
22$13,668,154$5,013,174$419,612$8,235,368
23$14,214,880$5,215,463$436,397$8,563,021
24$14,783,476$5,425,843$453,853$8,903,780
25$15,374,815$5,644,639$472,007$9,258,169
26$15,989,807$5,872,186$490,887$9,626,734
27$16,629,399$6,108,835$510,523$10,010,042
28$17,294,575$6,354,950$530,943$10,408,682
29$17,986,358$6,610,910$552,181$10,823,267
30$18,705,813$6,877,108$574,268$11,254,436
Total$336,400,000$123,146,718$10,327,480$202,925,804

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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.