USA Mega

Wisconsin Powerball Jackpot Annuity Payout Schedule for Aug 4, 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 $64,100,000 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 4, 2004
Jackpot:$64,100,000
Federal Tax:37% marginal rate
State Tax: 7.65%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$1,142,909$378,834$87,433$676,643
2$1,188,626$395,749$90,930$701,947
3$1,236,171$413,340$94,567$728,263
4$1,285,618$431,636$98,350$755,632
5$1,337,042$450,663$102,284$784,096
6$1,390,524$470,451$106,375$813,698
7$1,446,145$491,031$110,630$844,484
8$1,503,991$512,434$115,055$876,502
9$1,564,150$534,693$119,658$909,800
10$1,626,716$557,842$124,444$944,430
11$1,691,785$581,918$129,422$980,446
12$1,759,456$606,956$134,598$1,017,902
13$1,829,835$632,996$139,982$1,056,856
14$1,903,028$660,078$145,582$1,097,369
15$1,979,149$688,242$151,405$1,139,502
16$2,058,315$717,534$157,461$1,183,320
17$2,140,648$747,997$163,760$1,228,891
18$2,226,274$779,679$170,310$1,276,285
19$2,315,325$812,627$177,122$1,325,575
20$2,407,938$846,894$184,207$1,376,836
21$2,504,255$882,532$191,576$1,430,148
22$2,604,425$919,595$199,239$1,485,592
23$2,708,602$958,140$207,208$1,543,254
24$2,816,946$998,227$215,496$1,603,223
25$2,929,624$1,039,918$224,116$1,665,590
26$3,046,809$1,083,277$233,081$1,730,452
27$3,168,682$1,128,369$242,404$1,797,908
28$3,295,429$1,175,266$252,100$1,868,063
29$3,427,246$1,224,038$262,184$1,941,023
30$3,564,336$1,274,762$272,672$2,016,903
Total$64,100,000$22,395,718$4,903,651$36,800,633

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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.