USA Mega

Wisconsin Powerball Jackpot Annuity Payout Schedule for Feb 19, 2003

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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 $33,500,000 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, Feb 19, 2003
Jackpot:$33,500,000
Federal Tax:37% marginal rate
State Tax: 7.65%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$597,308$177,827$45,694$373,787
2$621,201$186,189$47,522$387,489
3$646,049$194,995$49,423$401,631
4$671,891$204,557$51,400$415,934
5$698,766$214,501$53,456$430,810
6$726,717$224,843$55,594$446,281
7$755,786$235,598$57,818$462,370
8$786,017$246,784$60,130$479,103
9$817,458$258,417$62,536$496,506
10$850,156$270,515$65,037$514,604
11$884,162$283,097$67,638$533,427
12$919,529$296,183$70,344$553,002
13$956,310$309,792$73,158$573,360
14$994,562$323,945$76,084$594,533
15$1,034,345$338,665$79,127$616,553
16$1,075,719$353,973$82,292$639,453
17$1,118,747$369,894$85,584$663,269
18$1,163,497$386,451$89,008$688,038
19$1,210,037$403,671$92,568$713,798
20$1,258,439$421,580$96,271$740,588
21$1,308,776$440,204$100,121$768,450
22$1,361,127$459,574$104,126$797,427
23$1,415,572$479,719$108,291$827,562
24$1,472,195$500,669$112,623$858,903
25$1,531,083$522,458$117,128$891,497
26$1,592,326$545,118$121,813$925,395
27$1,656,019$568,684$126,685$960,649
28$1,722,260$593,193$131,753$997,314
29$1,791,150$618,683$137,023$1,035,445
30$1,862,796$645,192$142,504$1,075,101
Total$33,500,000$11,074,971$2,562,751$19,862,279

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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.