USA Mega

Wisconsin Powerball Jackpot Annuity Payout Schedule for Jun 26, 2002

Media: You may freely use any information on this page, but you must credit usamega.com.

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 $12,000,000 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:Wed, Jun 26, 2002
Jackpot:$12,000,000
Federal Tax:37% marginal rate
State Tax: 7.65%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$213,961$45,531$16,368$152,063
2$222,520$48,269$17,023$157,228
3$231,420$51,118$17,704$162,599
4$240,677$54,080$18,412$168,186
5$250,304$57,160$19,148$173,996
6$260,317$60,658$19,914$179,744
7$270,729$64,302$20,711$185,716
8$281,558$68,093$21,539$191,926
9$292,821$72,034$22,401$198,385
10$304,533$76,134$23,297$205,103
11$316,715$80,397$24,229$212,089
12$329,383$84,831$25,198$219,354
13$342,559$89,443$26,206$226,910
14$356,261$94,239$27,254$234,768
15$370,512$99,226$28,344$242,941
16$385,332$104,413$29,478$251,441
17$400,745$109,808$30,657$260,280
18$416,775$115,419$31,883$269,473
19$433,446$121,253$33,159$279,034
20$450,784$127,322$34,485$288,977
21$468,815$133,633$35,864$299,318
22$487,568$140,196$37,299$310,073
23$507,071$147,022$38,791$321,258
24$527,353$154,121$40,343$332,890
25$548,448$161,504$41,956$344,987
26$570,386$169,182$43,634$357,569
27$593,201$177,168$45,380$370,653
28$616,929$185,472$47,195$384,262
29$641,606$194,415$49,083$398,109
30$667,270$203,910$51,046$412,314
Total$12,000,000$3,290,353$918,001$7,791,646

◄ 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.