USA Mega

Wisconsin Powerball Jackpot Annuity Payout Schedule for Mar 8, 1997

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 $21,500,000 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, Mar 8, 1997
Jackpot:$21,500,000
Federal Tax:37% marginal rate
State Tax: 7.65%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$383,347$102,941$29,326$251,080
2$398,681$108,308$30,499$259,874
3$414,628$113,889$31,719$269,020
4$431,213$119,694$32,988$278,532
5$448,462$125,731$34,307$288,424
6$466,400$132,009$35,680$298,711
7$485,056$138,539$37,107$309,411
8$504,459$145,330$38,591$320,538
9$524,637$152,392$40,135$332,110
10$545,623$159,737$41,740$344,145
11$567,447$167,376$43,410$356,662
12$590,145$175,320$45,146$369,679
13$613,751$183,582$46,952$383,217
14$638,301$192,175$48,830$397,296
15$663,833$201,576$50,783$411,474
16$690,387$211,400$52,815$426,172
17$718,002$221,618$54,927$441,457
18$746,722$232,244$57,124$457,353
19$776,591$243,296$59,409$473,886
20$807,655$254,789$61,786$491,080
21$839,961$266,743$64,257$508,961
22$873,559$279,174$66,827$527,558
23$908,502$292,103$69,500$546,898
24$944,842$305,549$72,280$567,013
25$982,635$319,532$75,172$587,931
26$1,021,941$334,075$78,178$609,687
27$1,062,818$349,200$81,306$632,313
28$1,105,331$364,930$84,558$655,843
29$1,149,544$381,289$87,940$680,316
30$1,195,526$398,302$91,458$705,766
Total$21,500,000$6,672,843$1,644,750$13,182,407

◄ 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.