USA Mega

Wisconsin Powerball Jackpot Annuity Payout Schedule for Mar 2, 2005

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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 $12,300,000 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, Mar 2, 2005
Jackpot:$12,300,000
Federal Tax:37% marginal rate
State Tax: 7.65%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$219,310$47,242$16,777$155,291
2$228,083$50,049$17,448$160,585
3$237,206$52,969$18,146$166,091
4$246,694$56,005$18,872$171,817
5$256,562$59,344$19,627$177,591
6$266,824$62,936$20,412$183,477
7$277,497$66,671$21,229$189,598
8$288,597$70,556$22,078$195,963
9$300,141$74,597$22,961$202,584
10$312,147$78,799$23,879$209,469
11$324,633$83,169$24,834$216,630
12$337,618$87,714$25,828$224,077
13$351,123$92,440$26,861$231,822
14$365,168$97,356$27,935$239,876
15$379,774$102,468$29,053$248,253
16$394,965$107,785$30,215$256,965
17$410,764$113,315$31,423$266,026
18$427,194$119,065$32,680$275,449
19$444,282$125,046$33,988$285,249
20$462,054$131,266$35,347$295,440
21$480,536$137,735$36,761$306,040
22$499,757$144,462$38,231$317,063
23$519,747$151,459$39,761$328,528
24$540,537$158,735$41,351$340,451
25$562,159$166,303$43,005$352,851
26$584,645$174,173$44,725$365,747
27$608,031$182,358$46,514$379,159
28$632,352$190,991$48,375$392,987
29$657,646$200,349$50,310$406,987
30$683,952$210,083$52,322$421,547
Total$12,300,000$3,395,440$940,948$7,963,613

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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.