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Pennsylvania Powerball Jackpot Annuity Payout Schedule for Feb 8, 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 $255,200,000 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, Feb 8, 2012
Jackpot:$255,200,000
Federal Tax:37% marginal rate
State Tax: 3.07%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$4,550,241$1,639,547$139,692$2,771,002
2$4,732,251$1,706,890$145,280$2,880,081
3$4,921,541$1,776,927$151,091$2,993,522
4$5,118,403$1,849,766$157,135$3,111,501
5$5,323,139$1,925,519$163,420$3,234,200
6$5,536,064$2,004,301$169,957$3,361,806
7$5,757,507$2,086,235$176,755$3,494,517
8$5,987,807$2,171,446$183,826$3,632,536
9$6,227,319$2,260,065$191,179$3,776,075
10$6,476,412$2,352,230$198,826$3,925,357
11$6,735,469$2,448,081$206,779$4,080,609
12$7,004,887$2,547,766$215,050$4,242,072
13$7,285,083$2,651,438$223,652$4,409,993
14$7,576,486$2,759,257$232,598$4,584,631
15$7,879,546$2,871,389$241,902$4,766,254
16$8,194,728$2,988,006$251,578$4,955,143
17$8,522,517$3,109,288$261,641$5,151,587
18$8,863,417$3,235,422$272,107$5,355,889
19$9,217,954$3,366,600$282,991$5,568,363
20$9,586,672$3,503,026$294,311$5,789,335
21$9,970,139$3,644,909$306,083$6,019,147
22$10,368,945$3,792,467$318,327$6,258,151
23$10,783,702$3,945,927$331,060$6,506,716
24$11,215,050$4,105,526$344,302$6,765,222
25$11,663,652$4,271,509$358,074$7,034,070
26$12,130,199$4,444,131$372,397$7,313,671
27$12,615,407$4,623,658$387,293$7,604,456
28$13,120,023$4,810,366$402,785$7,906,872
29$13,644,824$5,004,542$418,896$8,221,386
30$14,190,617$5,206,485$435,652$8,548,479
Total$255,200,000$93,102,719$7,834,639$154,262,643

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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.