USA Mega

Washington Powerball Jackpot Annuity Payout Schedule for Mar 13, 2010

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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 $211,700,000 for a ticket purchased in Washington, 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:

Washington

Drawing Date:Sat, Mar 13, 2010
Jackpot:$211,700,000
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$3,774,632$1,352,571$0$2,422,061
2$3,925,617$1,408,436$0$2,517,182
3$4,082,642$1,466,535$0$2,616,107
4$4,245,948$1,526,958$0$2,718,990
5$4,415,786$1,589,798$0$2,825,988
6$4,592,417$1,655,152$0$2,937,265
7$4,776,114$1,723,119$0$3,052,994
8$4,967,158$1,793,806$0$3,173,352
9$5,165,845$1,867,320$0$3,298,525
10$5,372,478$1,943,774$0$3,428,704
11$5,587,377$2,023,287$0$3,564,091
12$5,810,873$2,105,980$0$3,704,892
13$6,043,307$2,191,981$0$3,851,326
14$6,285,040$2,281,422$0$4,003,618
15$6,536,441$2,374,441$0$4,162,001
16$6,797,899$2,471,180$0$4,326,719
17$7,069,815$2,571,789$0$4,498,026
18$7,352,608$2,676,422$0$4,676,185
19$7,646,712$2,785,241$0$4,861,471
20$7,952,580$2,898,412$0$5,054,168
21$8,270,684$3,016,110$0$5,254,573
22$8,601,511$3,138,516$0$5,462,995
23$8,945,571$3,265,819$0$5,679,753
24$9,303,394$3,398,213$0$5,905,181
25$9,675,530$3,535,903$0$6,139,627
26$10,062,551$3,679,101$0$6,383,450
27$10,465,053$3,828,027$0$6,637,026
28$10,883,655$3,982,910$0$6,900,746
29$11,319,001$4,143,988$0$7,175,014
30$11,771,762$4,311,509$0$7,460,253
Total$211,700,000$77,007,720$0$134,692,283

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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.