USA Mega

Pennsylvania Powerball Jackpot Annuity Payout Schedule for Dec 30, 2017

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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 $390,100,000 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, Dec 30, 2017
Jackpot:$390,100,000
Federal Tax:37% marginal rate
State Tax: 3.07%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$5,871,565$2,128,436$180,257$3,562,872
2$6,165,143$2,237,060$189,270$3,738,813
3$6,473,400$2,351,115$198,733$3,923,551
4$6,797,070$2,470,873$208,670$4,117,527
5$7,136,924$2,596,619$219,104$4,321,201
6$7,493,770$2,728,652$230,059$4,535,059
7$7,868,459$2,867,287$241,562$4,759,610
8$8,261,881$3,012,853$253,640$4,995,388
9$8,674,976$3,165,698$266,322$5,242,956
10$9,108,724$3,326,185$279,638$5,502,901
11$9,564,161$3,494,697$293,620$5,775,844
12$10,042,368$3,671,634$308,301$6,062,434
13$10,544,487$3,857,417$323,716$6,363,354
14$11,071,711$4,052,490$339,902$6,679,319
15$11,625,297$4,257,317$356,897$7,011,083
16$12,206,562$4,472,385$374,741$7,359,435
17$12,816,890$4,698,206$393,479$7,725,205
18$13,457,734$4,935,319$413,152$8,109,263
19$14,130,621$5,184,287$433,810$8,512,524
20$14,837,152$5,445,703$455,501$8,935,948
21$15,579,009$5,720,191$478,276$9,380,543
22$16,357,960$6,008,402$502,189$9,847,368
23$17,175,858$6,311,025$527,299$10,337,534
24$18,034,651$6,628,778$553,664$10,852,209
25$18,936,383$6,962,419$581,347$11,392,617
26$19,883,203$7,312,742$610,414$11,960,046
27$20,877,363$7,680,581$640,935$12,555,846
28$21,921,231$8,066,813$672,982$13,181,436
29$23,017,292$8,472,355$706,631$13,838,306
30$24,168,157$8,898,175$741,962$14,528,019
Total$390,100,001$143,015,714$11,976,073$235,108,211

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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.