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Pennsylvania Powerball Jackpot Annuity Payout Schedule for Jun 4, 2022

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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 $189,600,000 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, Jun 4, 2022
Jackpot:$189,600,000
Federal Tax:37% marginal rate
State Tax: 3.07%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$2,853,752$1,011,846$87,610$1,754,296
2$2,996,440$1,064,640$91,991$1,839,809
3$3,146,262$1,120,074$96,590$1,929,597
4$3,303,575$1,178,280$101,420$2,023,875
5$3,468,753$1,239,396$106,491$2,122,867
6$3,642,191$1,303,568$111,815$2,226,808
7$3,824,301$1,370,949$117,406$2,335,946
8$4,015,516$1,441,698$123,276$2,450,541
9$4,216,292$1,515,985$129,440$2,570,866
10$4,427,106$1,593,987$135,912$2,697,207
11$4,648,461$1,675,888$142,708$2,829,866
12$4,880,885$1,761,885$149,843$2,969,157
13$5,124,929$1,852,181$157,335$3,115,413
14$5,381,175$1,946,992$165,202$3,268,981
15$5,650,234$2,046,544$173,462$3,430,228
16$5,932,746$2,151,073$182,135$3,599,537
17$6,229,383$2,260,829$191,242$3,777,312
18$6,540,852$2,376,073$200,804$3,963,975
19$6,867,895$2,497,078$210,844$4,159,972
20$7,211,289$2,624,134$221,387$4,365,769
21$7,571,854$2,757,543$232,456$4,581,855
22$7,950,447$2,897,622$244,079$4,808,745
23$8,347,969$3,044,706$256,283$5,046,981
24$8,765,367$3,199,143$269,097$5,297,127
25$9,203,636$3,361,302$282,552$5,559,782
26$9,663,818$3,531,570$296,679$5,835,569
27$10,147,008$3,710,350$311,513$6,125,145
28$10,654,359$3,898,070$327,089$6,429,200
29$11,187,077$4,095,176$343,443$6,748,458
30$11,746,431$4,302,137$360,615$7,083,679
Total$189,600,000$68,830,719$5,820,719$114,948,563

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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.