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Pennsylvania Powerball Jackpot Annuity Payout Schedule for May 4, 2019

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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 $199,500,000 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:Sat, May 4, 2019
Jackpot:$199,500,000
Federal Tax:37% marginal rate
State Tax: 3.07%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$3,002,761$1,066,979$92,185$1,843,598
2$3,152,899$1,122,530$96,794$1,933,575
3$3,310,544$1,180,859$101,634$2,028,052
4$3,476,072$1,242,104$106,715$2,127,252
5$3,649,875$1,306,411$112,051$2,231,413
6$3,832,369$1,373,934$117,654$2,340,781
7$4,023,987$1,444,833$123,536$2,455,618
8$4,225,187$1,519,276$129,713$2,576,197
9$4,436,446$1,597,442$136,199$2,702,805
10$4,658,268$1,679,517$143,009$2,835,743
11$4,891,182$1,765,695$150,159$2,975,328
12$5,135,741$1,856,181$157,667$3,121,892
13$5,392,528$1,951,193$165,551$3,275,785
14$5,662,154$2,050,954$173,828$3,437,372
15$5,945,262$2,155,704$182,520$3,607,038
16$6,242,525$2,265,692$191,646$3,785,188
17$6,554,651$2,381,178$201,228$3,972,245
18$6,882,384$2,502,439$211,289$4,168,655
19$7,226,503$2,629,763$221,854$4,374,886
20$7,587,828$2,763,454$232,946$4,591,428
21$7,967,220$2,903,829$244,594$4,818,797
22$8,365,581$3,051,222$256,823$5,057,535
23$8,783,860$3,205,985$269,664$5,308,210
24$9,223,053$3,368,487$283,148$5,571,418
25$9,684,205$3,539,113$297,305$5,847,787
26$10,168,416$3,718,271$312,170$6,137,974
27$10,676,836$3,906,387$327,779$6,442,671
28$11,210,678$4,103,908$344,168$6,762,602
29$11,771,212$4,311,306$361,376$7,098,530
30$12,359,773$4,529,073$379,445$7,451,255
Total$199,500,000$72,493,719$6,124,650$120,881,630

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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.