USA Mega

Wisconsin Powerball Jackpot Annuity Payout Schedule for Dec 15, 2001

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The tax information provided here is based on 2025 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 $16,000,000 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:Sat, Dec 15, 2001
Jackpot:$16,000,000
Federal Tax:37% marginal rate
State Tax: 7.65%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$285,282$69,396$21,824$194,062
2$296,693$73,390$22,697$200,606
3$308,561$77,543$23,605$207,412
4$320,903$81,863$24,549$214,491
5$333,739$86,356$25,531$221,852
6$347,089$91,028$26,552$229,508
7$360,972$95,888$27,614$237,470
8$375,411$100,941$28,719$245,751
9$390,428$106,197$29,868$254,363
10$406,045$111,663$31,062$263,319
11$422,286$117,348$32,305$272,634
12$439,178$123,260$33,597$282,321
13$456,745$129,408$34,941$292,396
14$475,015$135,802$36,339$302,874
15$494,015$142,453$37,792$313,771
16$513,776$149,369$39,304$325,103
17$534,327$156,562$40,876$336,889
18$555,700$164,042$42,511$349,147
19$577,928$171,822$44,212$361,895
20$601,045$179,913$45,980$375,152
21$625,087$188,328$47,819$388,940
22$650,091$197,554$49,732$402,805
23$676,094$207,175$51,721$417,198
24$703,138$217,181$53,790$432,167
25$731,263$227,588$55,942$447,734
26$760,514$238,410$58,179$463,924
27$790,935$249,666$60,506$480,762
28$822,572$261,372$62,927$498,273
29$855,475$273,546$65,444$516,485
30$889,694$286,207$68,062$535,425
Total$16,000,000$4,711,271$1,224,000$10,064,729

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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.