USA Mega

Wisconsin Powerball Jackpot Annuity Payout Schedule for Jun 19, 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 $47,100,000 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:Sat, Jun 19, 2004
Jackpot:$47,100,000
Federal Tax:37% marginal rate
State Tax: 7.65%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$839,798$266,682$64,245$508,871
2$873,390$279,111$66,814$527,464
3$908,325$292,038$69,487$546,801
4$944,658$305,481$72,266$566,911
5$982,444$319,462$75,157$587,826
6$1,021,742$334,002$78,163$609,577
7$1,062,612$349,124$81,290$632,198
8$1,105,116$364,850$84,541$655,725
9$1,149,321$381,206$87,923$680,192
10$1,195,294$398,216$91,440$705,638
11$1,243,106$415,906$95,098$732,102
12$1,292,830$434,304$98,901$759,624
13$1,344,543$453,438$102,858$788,247
14$1,398,325$473,337$106,972$818,016
15$1,454,258$494,033$111,251$848,974
16$1,512,428$515,556$115,701$881,172
17$1,572,925$537,940$120,329$914,657
18$1,635,842$561,219$125,142$949,481
19$1,701,276$585,429$130,148$985,699
20$1,769,327$610,608$135,354$1,023,365
21$1,840,100$636,794$140,768$1,062,538
22$1,913,704$664,028$146,398$1,103,278
23$1,990,252$692,351$152,254$1,145,647
24$2,069,862$721,806$158,344$1,189,712
25$2,152,657$752,440$164,678$1,235,538
26$2,238,763$784,300$171,265$1,283,198
27$2,328,314$817,433$178,116$1,332,764
28$2,421,446$851,892$185,241$1,384,313
29$2,518,304$887,730$192,650$1,437,924
30$2,619,036$925,001$200,356$1,493,679
Total$47,100,000$16,105,717$3,603,150$27,391,131

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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.