USA Mega

Rhode Island Powerball Jackpot Annuity Payout Schedule for Nov 21, 1992

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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 $3,800,000 for a ticket purchased in Rhode Island, 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:

Rhode Island

Drawing Date:Sat, Nov 21, 1992
Jackpot:$3,800,000
Federal Tax:37% marginal rate
State Tax: 5.99%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$67,754$9,618$4,058$54,078
2$70,465$10,214$4,221$56,030
3$73,283$10,834$4,390$58,059
4$76,214$11,479$4,565$60,170
5$79,263$12,150$4,748$62,365
6$82,434$12,847$4,938$64,648
7$85,731$13,573$5,135$67,023
8$89,160$14,327$5,341$69,492
9$92,727$15,112$5,554$72,060
10$96,436$15,928$5,776$74,731
11$100,293$16,776$6,008$77,509
12$104,305$17,659$6,248$80,398
13$108,477$18,632$6,498$83,347
14$112,816$19,674$6,758$86,384
15$117,329$20,757$7,028$89,544
16$122,022$21,883$7,309$92,829
17$126,903$23,055$7,601$96,247
18$131,979$24,273$7,906$99,800
19$137,258$25,540$8,222$103,496
20$142,748$26,858$8,551$107,340
21$148,458$28,228$8,893$111,338
22$154,397$29,653$9,248$115,495
23$160,572$31,135$9,618$119,819
24$166,995$32,677$10,003$124,315
25$173,675$34,280$10,403$128,992
26$180,622$35,947$10,819$133,856
27$187,847$37,681$11,252$138,914
28$195,361$39,485$11,702$144,174
29$203,175$41,472$12,170$149,533
30$211,302$44,073$12,657$154,573
Total$3,800,000$695,820$227,620$2,876,559

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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.