USA Mega

Wisconsin Powerball Jackpot Annuity Payout Schedule for Aug 7, 2002

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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 $22,100,000 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, Aug 7, 2002
Jackpot:$22,100,000
Federal Tax:37% marginal rate
State Tax: 7.65%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$394,045$107,463$30,144$256,438
2$409,807$112,980$31,350$265,477
3$426,199$118,717$32,604$274,878
4$443,247$124,684$33,908$284,655
5$460,977$130,889$35,265$294,823
6$479,416$137,343$36,675$305,398
7$498,593$144,055$38,142$316,396
8$518,537$151,035$39,668$327,833
9$539,278$158,295$41,255$339,729
10$560,849$165,844$42,905$352,100
11$583,283$173,696$44,621$364,966
12$606,614$181,862$46,406$378,346
13$630,879$190,445$48,262$392,171
14$656,114$199,783$50,193$406,139
15$682,359$209,493$52,200$420,665
16$709,653$219,592$54,288$435,773
17$738,039$230,095$56,460$451,484
18$767,561$241,018$58,718$467,825
19$798,263$252,378$61,067$484,818
20$830,194$264,192$63,510$502,492
21$863,402$276,479$66,050$520,873
22$897,938$289,257$68,692$539,988
23$933,855$302,547$71,440$559,869
24$971,209$316,368$74,298$580,544
25$1,010,058$330,742$77,269$602,047
26$1,050,460$345,690$80,360$624,409
27$1,092,478$361,237$83,575$647,667
28$1,136,178$377,406$86,918$671,854
29$1,181,625$394,221$90,394$697,009
30$1,228,890$411,709$94,010$723,170
Total$22,100,000$6,919,515$1,690,647$13,489,836

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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.