USA Mega

Wisconsin Powerball Jackpot Annuity Payout Schedule for Aug 17, 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 $17,800,000 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, Aug 17, 1996
Jackpot:$17,800,000
Federal Tax:37% marginal rate
State Tax: 7.65%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$317,376$79,851$24,279$213,246
2$330,071$84,294$25,250$220,526
3$343,274$88,915$26,260$228,098
4$357,005$93,721$27,311$235,973
5$371,285$98,719$28,403$244,163
6$386,136$103,917$29,539$252,680
7$401,582$109,323$30,721$261,538
8$417,645$114,945$31,950$270,750
9$434,351$120,792$33,228$280,331
10$451,725$126,873$34,557$290,295
11$469,794$133,197$35,939$300,657
12$488,585$139,774$37,377$311,434
13$508,129$146,614$38,872$322,643
14$528,454$153,728$40,427$334,299
15$549,592$161,126$42,044$346,422
16$571,576$168,821$43,726$359,029
17$594,439$176,823$45,475$372,141
18$618,216$185,145$47,294$385,778
19$642,945$193,847$49,185$399,913
20$668,663$203,363$51,153$414,148
21$695,409$213,259$53,199$428,952
22$723,226$223,551$55,327$444,348
23$752,155$234,255$57,540$460,360
24$782,241$245,386$59,841$477,013
25$813,531$256,964$62,235$494,332
26$846,072$269,004$64,724$512,344
27$879,915$281,526$67,313$531,076
28$915,111$294,548$70,006$550,557
29$951,716$308,092$72,806$570,817
30$989,784$322,177$75,719$591,888
Total$17,800,000$5,332,550$1,361,700$11,105,751

◄ 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.