USA Mega

Puerto Rico Powerball Jackpot Annuity Payout Schedule for Apr 20, 2002

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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 $31,900,000 for a ticket purchased in Puerto Rico, 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:

Puerto Rico

Drawing Date:Sat, Apr 20, 2002
Jackpot:$31,900,000
Federal Tax:37% marginal rate
State Tax: No state tax on lottery prizes
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$568,780$167,842$0$400,938
2$591,531$175,805$0$415,726
3$615,193$184,087$0$431,106
4$639,800$192,699$0$447,101
5$665,392$202,152$0$463,240
6$692,008$212,000$0$480,008
7$719,688$222,242$0$497,446
8$748,476$232,893$0$515,583
9$778,415$243,971$0$534,444
10$809,552$255,491$0$554,060
11$841,934$267,473$0$574,461
12$875,611$279,933$0$595,678
13$910,635$292,892$0$617,743
14$947,061$306,370$0$640,691
15$984,943$320,386$0$664,557
16$1,024,341$334,963$0$689,378
17$1,065,315$350,124$0$715,191
18$1,107,927$365,890$0$742,037
19$1,152,244$382,288$0$769,957
20$1,198,334$399,341$0$798,993
21$1,246,267$417,076$0$829,191
22$1,296,118$435,521$0$860,597
23$1,347,963$454,703$0$893,259
24$1,401,881$474,653$0$927,228
25$1,457,957$495,401$0$962,555
26$1,516,275$516,979$0$999,296
27$1,576,926$539,420$0$1,037,506
28$1,640,003$562,758$0$1,077,245
29$1,705,603$587,030$0$1,118,573
30$1,773,827$612,273$0$1,161,554
Total$31,900,000$10,484,656$0$21,415,342

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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.