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Pennsylvania Powerball Jackpot Annuity Payout Schedule for Feb 27, 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 $111,100,000 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, Feb 27, 2021
Jackpot:$111,100,000
Federal Tax:37% marginal rate
State Tax: 3.07%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$1,672,214$574,677$51,337$1,046,201
2$1,755,825$605,613$53,904$1,096,309
3$1,843,616$638,095$56,599$1,148,922
4$1,935,797$672,202$59,429$1,204,166
5$2,032,587$708,014$62,400$1,262,172
6$2,134,216$745,617$65,520$1,323,079
7$2,240,927$785,100$68,796$1,387,030
8$2,352,974$826,558$72,236$1,454,180
9$2,470,622$870,088$75,848$1,524,687
10$2,594,153$915,794$79,641$1,598,719
11$2,723,861$963,786$83,623$1,676,453
12$2,860,054$1,014,177$87,804$1,758,073
13$3,003,057$1,067,088$92,194$1,843,775
14$3,153,210$1,122,645$96,804$1,933,761
15$3,310,870$1,180,979$101,644$2,028,247
16$3,476,414$1,242,230$106,726$2,127,458
17$3,650,234$1,306,544$112,062$2,231,628
18$3,832,746$1,374,073$117,665$2,341,008
19$4,024,383$1,444,979$123,549$2,455,856
20$4,225,603$1,519,430$129,726$2,576,446
21$4,436,883$1,597,604$136,212$2,703,067
22$4,658,727$1,679,686$143,023$2,836,018
23$4,891,663$1,765,873$150,174$2,975,617
24$5,136,246$1,856,368$157,683$3,122,195
25$5,393,059$1,951,389$165,567$3,276,103
26$5,662,712$2,051,161$173,845$3,437,706
27$5,945,847$2,155,921$182,538$3,607,389
28$6,243,140$2,265,919$191,664$3,785,556
29$6,555,297$2,381,417$201,248$3,972,632
30$6,883,061$2,502,690$211,310$4,169,061
Total$111,100,000$39,785,717$3,410,771$67,903,514

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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.