USA Mega

Puerto Rico Powerball Jackpot Annuity Payout Schedule for Feb 1, 2014

Media: You may freely use any information on this page, but you must credit usamega.com.

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 $193,900,000 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, Feb 1, 2014
Jackpot:$193,900,000
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$3,457,256$1,235,142$0$2,222,114
2$3,595,546$1,286,309$0$2,309,237
3$3,739,368$1,339,524$0$2,399,845
4$3,888,943$1,394,866$0$2,494,077
5$4,044,501$1,452,423$0$2,592,078
6$4,206,281$1,512,281$0$2,694,000
7$4,374,532$1,574,534$0$2,799,998
8$4,549,513$1,639,277$0$2,910,236
9$4,731,494$1,706,610$0$3,024,884
10$4,920,754$1,776,636$0$3,144,118
11$5,117,584$1,849,463$0$3,268,121
12$5,322,287$1,925,203$0$3,397,084
13$5,535,179$2,003,973$0$3,531,205
14$5,756,586$2,085,894$0$3,670,692
15$5,986,849$2,171,091$0$3,815,758
16$6,226,323$2,259,697$0$3,966,626
17$6,475,376$2,351,846$0$4,123,530
18$6,734,391$2,447,682$0$4,286,709
19$7,003,767$2,547,351$0$4,456,416
20$7,283,917$2,651,007$0$4,632,911
21$7,575,274$2,758,809$0$4,816,465
22$7,878,285$2,870,923$0$5,007,362
23$8,193,416$2,987,521$0$5,205,895
24$8,521,153$3,108,784$0$5,412,369
25$8,861,999$3,234,897$0$5,627,102
26$9,216,479$3,366,055$0$5,850,425
27$9,585,138$3,502,458$0$6,082,680
28$9,968,544$3,644,319$0$6,324,225
29$10,367,286$3,791,853$0$6,575,433
30$10,781,977$3,945,289$0$6,836,688
Total$193,900,000$70,421,717$0$123,478,283

◄ Back to Jackpot Analysis

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.