USA Mega

Wisconsin Powerball Jackpot Annuity Payout Schedule for Dec 29, 2004

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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 $13,900,000 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 29, 2004
Jackpot:$13,900,000
Federal Tax:37% marginal rate
State Tax: 7.65%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$247,838$55,764$18,960$173,114
2$257,752$58,982$19,718$179,051
3$268,062$62,591$20,507$184,964
4$278,784$66,344$21,327$191,114
5$289,936$70,247$22,180$197,509
6$301,533$74,306$23,067$204,160
7$313,595$78,527$23,990$211,077
8$326,138$82,918$24,950$218,271
9$339,184$87,484$25,948$225,753
10$352,751$92,232$26,985$233,534
11$366,861$97,171$28,065$241,626
12$381,536$102,307$29,187$250,042
13$396,797$107,648$30,355$258,794
14$412,669$113,203$31,569$267,896
15$429,176$118,981$32,832$277,363
16$446,343$124,989$34,145$287,208
17$464,197$131,238$35,511$297,448
18$482,764$137,737$36,931$308,096
19$502,075$144,496$38,409$319,171
20$522,158$151,525$39,945$330,688
21$543,044$158,835$41,543$342,667
22$564,766$166,437$43,205$355,124
23$587,357$174,344$44,933$368,080
24$610,851$182,567$46,730$381,554
25$635,285$191,119$48,599$395,567
26$660,697$200,415$50,543$409,738
27$687,124$210,193$52,565$424,366
28$714,609$220,363$54,668$439,579
29$743,194$230,939$56,854$455,400
30$772,922$241,938$59,128$471,855
Total$13,900,000$3,935,840$1,063,349$8,900,809

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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.