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Pennsylvania Powerball Jackpot Annuity Payout Schedule for Nov 29, 2021

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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 $252,000,000 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:Mon, Nov 29, 2021
Jackpot:$252,000,000
Federal Tax:37% marginal rate
State Tax: 3.07%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$3,792,962$1,359,353$116,444$2,317,165
2$3,982,610$1,429,523$122,266$2,430,821
3$4,181,740$1,503,201$128,379$2,550,160
4$4,390,827$1,580,563$134,798$2,675,466
5$4,610,368$1,661,794$141,538$2,807,037
6$4,840,887$1,747,085$148,615$2,945,186
7$5,082,931$1,836,642$156,046$3,090,244
8$5,337,078$1,930,676$163,848$3,242,554
9$5,603,932$2,029,412$172,041$3,402,479
10$5,884,128$2,133,085$180,643$3,570,401
11$6,178,335$2,241,941$189,675$3,746,719
12$6,487,252$2,356,240$199,159$3,931,853
13$6,811,614$2,476,254$209,117$4,126,243
14$7,152,195$2,602,269$219,572$4,330,353
15$7,509,805$2,734,585$230,551$4,544,669
16$7,885,295$2,873,516$242,079$4,769,700
17$8,279,560$3,019,394$254,182$5,005,983
18$8,693,538$3,172,566$266,892$5,254,080
19$9,128,214$3,333,397$280,236$5,514,582
20$9,584,625$3,502,269$294,248$5,788,109
21$10,063,856$3,679,584$308,960$6,075,312
22$10,567,049$3,865,765$324,408$6,376,875
23$11,095,402$4,061,256$340,629$6,693,517
24$11,650,172$4,266,521$357,660$7,025,991
25$12,232,680$4,482,049$375,543$7,375,088
26$12,844,315$4,708,354$394,320$7,741,640
27$13,486,530$4,945,973$414,036$8,126,520
28$14,160,857$5,195,474$434,738$8,530,644
29$14,868,899$5,457,450$456,475$8,954,974
30$15,612,344$5,732,525$479,299$9,400,521
Total$252,000,001$91,918,716$7,736,397$152,344,886

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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.