USA Mega

Wisconsin Powerball Jackpot Annuity Payout Schedule for Jul 27, 1996

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

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 $13,400,000 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:Sat, Jul 27, 1996
Jackpot:$13,400,000
Federal Tax:37% marginal rate
State Tax: 7.65%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$238,923$52,911$18,278$167,734
2$248,480$55,970$19,009$173,502
3$258,419$59,216$19,769$179,434
4$268,756$62,834$20,560$185,362
5$279,507$66,597$21,382$191,528
6$290,687$70,510$22,238$197,940
7$302,314$74,579$23,127$204,608
8$314,407$78,812$24,052$211,543
9$326,983$83,213$25,014$218,756
10$340,062$87,791$26,015$226,257
11$353,665$92,552$27,055$234,058
12$367,811$97,503$28,138$242,171
13$382,524$102,653$29,263$250,608
14$397,825$108,008$30,434$259,383
15$413,738$113,578$31,651$268,509
16$430,287$119,370$32,917$278,001
17$447,499$125,394$34,234$287,871
18$465,399$131,659$35,603$298,137
19$484,015$138,174$37,027$308,813
20$503,375$144,951$38,508$319,917
21$523,510$151,998$40,049$331,464
22$544,451$159,327$41,650$343,473
23$566,229$166,949$43,317$355,963
24$588,878$174,877$45,049$368,952
25$612,433$183,121$46,851$382,461
26$636,930$191,695$48,725$396,510
27$662,408$201,048$50,674$410,685
28$688,904$210,852$52,701$425,351
29$716,460$221,048$54,809$440,603
30$745,119$231,651$57,002$456,466
Total$13,400,000$3,758,841$1,025,101$8,616,060

◄ 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.