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Wisconsin Powerball Jackpot Annuity Payout Schedule for Dec 7, 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 $89,200,000 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 7, 2002
Jackpot:$89,200,000
Federal Tax:37% marginal rate
State Tax: 7.65%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$1,590,445$544,422$121,669$924,354
2$1,654,063$567,960$126,536$959,566
3$1,720,225$592,441$131,597$996,187
4$1,789,034$617,900$136,861$1,034,273
5$1,860,596$644,378$142,336$1,073,882
6$1,935,019$671,914$148,029$1,115,076
7$2,012,420$700,553$153,950$1,157,917
8$2,092,917$730,337$160,108$1,202,472
9$2,176,634$761,312$166,512$1,248,809
10$2,263,699$793,526$173,173$1,297,000
11$2,354,247$827,029$180,100$1,347,118
12$2,448,417$861,871$187,304$1,399,241
13$2,546,353$898,108$194,796$1,453,449
14$2,648,208$935,794$202,588$1,509,826
15$2,754,136$974,988$210,691$1,568,457
16$2,864,301$1,015,749$219,119$1,629,434
17$2,978,873$1,058,140$227,884$1,692,849
18$3,098,028$1,102,228$236,999$1,758,801
19$3,221,949$1,148,079$246,479$1,827,392
20$3,350,827$1,195,763$256,338$1,898,726
21$3,484,861$1,245,356$266,592$1,972,913
22$3,624,255$1,296,932$277,256$2,050,068
23$3,769,225$1,350,571$288,346$2,130,309
24$3,919,994$1,406,355$299,880$2,213,759
25$4,076,794$1,464,371$311,875$2,300,548
26$4,239,866$1,524,708$324,350$2,390,808
27$4,409,460$1,587,458$337,324$2,484,679
28$4,585,839$1,652,718$350,817$2,582,304
29$4,769,272$1,720,588$364,849$2,683,835
30$4,960,043$1,791,173$379,443$2,789,427
Total$89,200,000$31,682,722$6,823,801$50,693,479

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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.