USA Mega

Wisconsin Powerball Jackpot Annuity Payout Schedule for Dec 25, 2002

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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 $314,900,000 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, Dec 25, 2002
Jackpot:$314,900,000
Federal Tax:37% marginal rate
State Tax: 7.65%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$5,614,698$2,033,396$429,524$3,151,778
2$5,839,286$2,116,493$446,705$3,276,088
3$6,072,858$2,202,915$464,574$3,405,369
4$6,315,772$2,292,793$483,157$3,539,822
5$6,568,403$2,386,266$502,483$3,679,654
6$6,831,139$2,483,479$522,582$3,825,078
7$7,104,384$2,584,579$543,485$3,976,320
8$7,388,560$2,689,724$565,225$4,133,611
9$7,684,102$2,799,075$587,834$4,297,193
10$7,991,466$2,912,800$611,347$4,467,319
11$8,311,125$3,031,073$635,801$4,644,250
12$8,643,570$3,154,078$661,233$4,828,259
13$8,989,313$3,282,003$687,682$5,019,627
14$9,348,885$3,415,045$715,190$5,218,651
15$9,722,841$3,553,408$743,797$5,425,635
16$10,111,754$3,697,306$773,549$5,640,899
17$10,516,224$3,846,960$804,491$5,864,773
18$10,936,873$4,002,600$836,671$6,097,602
19$11,374,348$4,164,466$870,138$6,339,745
20$11,829,322$4,332,807$904,943$6,591,573
21$12,302,495$4,507,880$941,141$6,853,474
22$12,794,595$4,689,957$978,787$7,125,851
23$13,306,379$4,879,317$1,017,938$7,409,123
24$13,838,634$5,076,252$1,058,655$7,703,727
25$14,392,179$5,281,064$1,101,002$8,010,114
26$14,967,866$5,494,068$1,145,042$8,328,757
27$15,566,581$5,715,592$1,190,843$8,660,145
28$16,189,244$5,945,978$1,238,477$9,004,790
29$16,836,814$6,185,578$1,288,016$9,363,219
30$17,510,287$6,434,763$1,339,537$9,735,986
Total$314,900,000$115,191,715$24,089,849$175,618,432

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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.