USA Mega

Puerto Rico Powerball Jackpot Annuity Payout Schedule for May 7, 2011

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The tax information provided here is based on 2024 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 $51,100,000 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, May 7, 2011
Jackpot:$51,100,000
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$911,118$295,301$0$615,817
2$947,563$308,786$0$638,777
3$985,465$322,810$0$662,655
4$1,024,884$337,395$0$687,489
5$1,065,879$352,563$0$713,316
6$1,108,514$368,338$0$740,176
7$1,152,855$384,744$0$768,111
8$1,198,969$401,806$0$797,163
9$1,246,928$419,551$0$827,377
10$1,296,805$438,006$0$858,799
11$1,348,677$457,198$0$891,479
12$1,402,624$477,159$0$925,466
13$1,458,729$497,918$0$960,812
14$1,517,079$519,507$0$997,572
15$1,577,762$541,960$0$1,035,802
16$1,640,872$565,310$0$1,075,562
17$1,706,507$589,595$0$1,116,912
18$1,774,767$614,852$0$1,159,916
19$1,845,758$641,118$0$1,204,640
20$1,919,588$668,435$0$1,251,153
21$1,996,372$696,845$0$1,299,527
22$2,076,227$726,392$0$1,349,835
23$2,159,276$757,120$0$1,402,156
24$2,245,647$789,077$0$1,456,570
25$2,335,473$822,313$0$1,513,160
26$2,428,892$856,878$0$1,572,014
27$2,526,047$892,825$0$1,633,222
28$2,627,089$930,211$0$1,696,878
29$2,732,173$969,092$0$1,763,081
30$2,841,460$1,009,528$0$1,831,932
Total$51,100,000$17,652,633$0$33,447,369

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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.