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Wisconsin Powerball Jackpot Annuity Payout Schedule for May 22, 2024

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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 $100,000,000 for a ticket purchased in Wisconsin, 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:

Wisconsin

Drawing Date:Wed, May 22, 2024
Jackpot:$100,000,000
Federal Tax:37% marginal rate
State Tax: 7.65%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$1,505,144$515,091$115,143$874,909
2$1,580,401$542,936$120,901$916,564
3$1,659,421$572,173$126,946$960,302
4$1,742,392$602,873$133,293$1,006,226
5$1,829,511$635,107$139,958$1,054,447
6$1,920,987$668,953$146,955$1,105,078
7$2,017,036$704,491$154,303$1,158,242
8$2,117,888$741,806$162,018$1,214,063
9$2,223,783$780,987$170,119$1,272,676
10$2,334,972$822,127$178,625$1,334,219
11$2,451,720$865,324$187,557$1,398,839
12$2,574,306$910,681$196,934$1,466,691
13$2,703,022$958,306$206,781$1,537,935
14$2,838,173$1,008,312$217,120$1,612,741
15$2,980,081$1,060,818$227,976$1,691,287
16$3,129,085$1,115,949$239,375$1,773,761
17$3,285,540$1,173,837$251,344$1,860,358
18$3,449,817$1,234,620$263,911$1,951,286
19$3,622,307$1,298,441$277,107$2,046,759
20$3,803,423$1,365,454$290,962$2,147,007
21$3,993,594$1,435,817$305,510$2,252,266
22$4,193,274$1,509,699$320,785$2,362,789
23$4,402,937$1,587,275$336,825$2,478,838
24$4,623,084$1,668,729$353,666$2,600,689
25$4,854,238$1,754,256$371,349$2,728,633
26$5,096,950$1,844,059$389,917$2,862,974
27$5,351,798$1,938,353$409,413$3,004,032
28$5,619,388$2,037,361$429,883$3,152,143
29$5,900,357$2,141,320$451,377$3,307,660
30$6,195,375$2,250,476$473,946$3,470,952
Total$100,000,000$35,745,631$7,649,999$56,604,366

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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.