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Pennsylvania Powerball Jackpot Annuity Payout Schedule for Mar 4, 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 $71,200,000 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:Sat, Mar 4, 2017
Jackpot:$71,200,000
Federal Tax:37% marginal rate
State Tax: 3.07%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$1,071,662$352,472$32,900$686,290
2$1,125,245$372,298$34,545$718,402
3$1,181,508$393,115$36,272$752,120
4$1,240,583$414,973$38,086$787,524
5$1,302,612$437,924$39,990$824,698
6$1,367,743$462,022$41,990$863,731
7$1,436,130$487,325$44,089$904,715
8$1,507,936$513,894$46,294$947,749
9$1,583,333$541,791$48,608$992,934
10$1,662,500$571,082$51,039$1,040,379
11$1,745,625$601,838$53,591$1,090,196
12$1,832,906$634,132$56,270$1,142,503
13$1,924,551$668,041$59,084$1,197,426
14$2,020,779$703,645$62,038$1,255,096
15$2,121,818$741,030$65,140$1,315,648
16$2,227,909$780,283$68,397$1,379,228
17$2,339,304$821,500$71,817$1,445,988
18$2,456,269$864,777$75,407$1,516,085
19$2,579,083$910,218$79,178$1,589,687
20$2,708,037$957,931$83,137$1,666,969
21$2,843,439$1,008,030$87,294$1,748,116
22$2,985,611$1,060,633$91,658$1,833,319
23$3,134,891$1,115,867$96,241$1,922,783
24$3,291,636$1,173,862$101,053$2,016,720
25$3,456,218$1,234,758$106,106$2,115,354
26$3,629,029$1,298,698$111,411$2,218,920
27$3,810,480$1,365,835$116,982$2,327,663
28$4,001,004$1,436,329$122,831$2,441,844
29$4,201,054$1,510,347$128,972$2,561,734
30$4,411,107$1,588,067$135,421$2,687,619
Total$71,200,000$25,022,717$2,185,841$43,991,440

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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.