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Wisconsin Powerball Jackpot Annuity Payout Schedule for Jan 17, 1996

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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 $54,900,000 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, Jan 17, 1996
Jackpot:$54,900,000
Federal Tax:37% marginal rate
State Tax: 7.65%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$978,872$318,140$74,884$585,849
2$1,018,027$332,627$77,879$607,521
3$1,058,748$347,694$80,994$630,060
4$1,101,098$363,364$84,234$653,501
5$1,145,142$379,660$87,603$677,879
6$1,190,948$396,608$91,108$703,232
7$1,238,586$414,234$94,752$729,600
8$1,288,129$432,565$98,542$757,022
9$1,339,655$451,629$102,484$785,542
10$1,393,241$471,456$106,583$815,201
11$1,448,970$492,076$110,846$846,048
12$1,506,929$513,521$115,280$878,128
13$1,567,206$535,824$119,891$911,491
14$1,629,895$559,018$124,687$946,189
15$1,695,090$583,141$129,674$982,275
16$1,762,894$608,228$134,861$1,019,805
17$1,833,410$634,319$140,256$1,058,835
18$1,906,746$661,453$145,866$1,099,427
19$1,983,016$689,673$151,701$1,141,642
20$2,062,337$719,022$157,769$1,185,546
21$2,144,830$749,544$164,079$1,231,206
22$2,230,623$781,288$170,643$1,278,693
23$2,319,848$814,301$177,468$1,328,079
24$2,412,642$848,635$184,567$1,379,440
25$2,509,148$884,342$191,950$1,432,856
26$2,609,514$921,477$199,628$1,488,409
27$2,713,894$960,098$207,613$1,546,183
28$2,822,450$1,000,264$215,917$1,606,269
29$2,935,348$1,042,036$224,554$1,668,758
30$3,052,762$1,085,479$233,536$1,733,746
Total$54,900,000$18,991,716$4,199,849$31,708,432

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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.