USA Mega

Wisconsin Powerball Jackpot Annuity Payout Schedule for Apr 13, 2005

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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 $24,900,000 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, Apr 13, 2005
Jackpot:$24,900,000
Federal Tax:37% marginal rate
State Tax: 7.65%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$443,969$124,159$33,964$285,847
2$461,728$130,374$35,322$296,032
3$480,197$136,838$36,735$306,624
4$499,405$143,561$38,205$317,640
5$519,381$150,553$39,733$329,096
6$540,157$157,824$41,322$341,011
7$561,763$165,386$42,975$353,402
8$584,234$173,251$44,694$366,289
9$607,603$181,430$46,482$379,691
10$631,907$189,937$48,341$393,629
11$657,183$199,115$50,275$407,794
12$683,471$208,841$52,286$422,344
13$710,809$218,957$54,377$437,476
14$739,242$229,477$56,552$453,213
15$768,811$240,417$58,814$469,580
16$799,564$251,796$61,167$486,601
17$831,546$263,629$63,613$504,304
18$864,808$275,936$66,158$522,714
19$899,401$288,736$68,804$541,861
20$935,377$302,047$71,556$561,774
21$972,792$315,890$74,419$582,483
22$1,011,703$330,288$77,395$604,021
23$1,052,172$345,261$80,491$626,420
24$1,094,258$360,833$83,711$649,715
25$1,138,029$377,028$87,059$673,942
26$1,183,550$393,871$90,542$699,138
27$1,230,892$411,387$94,163$725,341
28$1,280,128$429,604$97,930$752,593
29$1,331,333$448,550$101,847$780,935
30$1,384,586$468,254$105,921$810,411
Total$24,900,000$7,913,230$1,904,853$15,081,921

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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.