USA Mega

Rhode Island Powerball Jackpot Annuity Payout Schedule for Apr 22, 1992

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

The tax information provided here is based on 2025 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 $6,000,000 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:Wed, Apr 22, 1992
Jackpot:$6,000,000
Federal Tax:37% marginal rate
State Tax: 5.99%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$106,981$18,522$6,408$82,050
2$111,260$19,549$6,664$85,046
3$115,710$20,617$6,931$88,162
4$120,339$21,728$7,208$91,402
5$125,152$22,884$7,497$94,772
6$130,158$24,085$7,796$98,277
7$135,365$25,334$8,108$101,922
8$140,779$26,634$8,433$105,712
9$146,410$27,985$8,770$109,655
10$152,267$29,391$9,121$113,755
11$158,357$30,853$9,486$118,019
12$164,692$32,373$9,865$122,454
13$171,279$33,954$10,260$127,066
14$178,131$35,598$10,670$131,862
15$185,256$37,308$11,097$136,851
16$192,666$39,087$11,541$142,038
17$200,373$41,182$12,002$147,188
18$208,388$43,747$12,482$152,158
19$216,723$46,414$12,982$157,327
20$225,392$49,188$13,501$162,703
21$234,408$52,073$14,041$168,293
22$243,784$55,074$14,603$174,107
23$253,535$58,285$15,187$180,064
24$263,677$61,834$15,794$186,048
25$274,224$65,526$16,426$192,272
26$285,193$69,365$17,083$198,745
27$296,600$73,357$17,766$205,477
28$308,464$77,510$18,477$212,478
29$320,803$81,828$19,216$219,759
30$333,635$86,320$19,985$227,331
Total$6,000,000$1,307,605$359,400$4,332,993

◄ 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.