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Wisconsin Powerball Jackpot Annuity Payout Schedule for Jan 24, 2007

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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 $254,000,000 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, Jan 24, 2007
Jackpot:$254,000,000
Federal Tax:37% marginal rate
State Tax: 7.65%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$4,528,845$1,631,630$346,457$2,550,759
2$4,709,999$1,698,657$360,315$2,651,027
3$4,898,399$1,768,365$374,728$2,755,307
4$5,094,335$1,840,861$389,717$2,863,757
5$5,298,108$1,916,257$405,305$2,976,546
6$5,510,033$1,994,669$421,517$3,093,846
7$5,730,434$2,076,218$438,378$3,215,838
8$5,959,651$2,161,028$455,913$3,342,710
9$6,198,037$2,249,231$474,150$3,474,656
10$6,445,959$2,340,962$493,116$3,611,881
11$6,703,797$2,436,362$512,840$3,754,594
12$6,971,949$2,535,578$533,354$3,903,017
13$7,250,827$2,638,763$554,688$4,057,376
14$7,540,860$2,746,075$576,876$4,217,909
15$7,842,495$2,857,680$599,951$4,384,863
16$8,156,194$2,973,749$623,949$4,558,496
17$8,482,442$3,094,461$648,907$4,739,074
18$8,821,740$3,220,001$674,863$4,926,876
19$9,174,609$3,350,563$701,858$5,122,189
20$9,541,594$3,486,347$729,932$5,325,315
21$9,923,257$3,627,563$759,129$5,536,566
22$10,320,188$3,774,427$789,494$5,756,267
23$10,732,995$3,927,166$821,074$5,984,756
24$11,162,315$4,086,014$853,917$6,222,384
25$11,608,808$4,251,216$888,074$6,469,518
26$12,073,160$4,423,026$923,597$6,726,537
27$12,556,086$4,601,709$960,541$6,993,837
28$13,058,330$4,787,539$998,962$7,271,828
29$13,580,663$4,980,803$1,038,921$7,560,940
30$14,123,890$5,181,796$1,080,478$7,861,616
Total$254,000,000$92,658,716$19,431,001$141,910,285

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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.