USA Mega

Wisconsin Powerball Jackpot Annuity Payout Schedule for Nov 28, 2007

Media: You may freely use any information on this page, but you must credit usamega.com.

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 $151,900,000 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, Nov 28, 2007
Jackpot:$151,900,000
Federal Tax:37% marginal rate
State Tax: 7.65%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$2,708,392$958,062$207,192$1,543,138
2$2,816,728$998,147$215,480$1,603,102
3$2,929,397$1,039,834$224,099$1,665,464
4$3,046,573$1,083,189$233,063$1,730,321
5$3,168,436$1,128,278$242,385$1,797,772
6$3,295,173$1,175,171$252,081$1,867,921
7$3,426,980$1,223,940$262,164$1,940,876
8$3,564,059$1,274,659$272,651$2,016,750
9$3,706,622$1,327,407$283,557$2,095,658
10$3,854,886$1,382,265$294,899$2,177,722
11$4,009,082$1,439,318$306,695$2,263,070
12$4,169,445$1,498,652$318,963$2,351,831
13$4,336,223$1,560,360$331,721$2,444,142
14$4,509,672$1,624,536$344,990$2,540,146
15$4,690,059$1,691,279$358,789$2,639,990
16$4,877,661$1,760,692$373,141$2,743,828
17$5,072,768$1,832,881$388,067$2,851,820
18$5,275,678$1,907,958$403,589$2,964,131
19$5,486,705$1,986,038$419,733$3,080,934
20$5,706,174$2,067,241$436,522$3,202,410
21$5,934,421$2,151,693$453,983$3,328,745
22$6,171,797$2,239,522$472,142$3,460,133
23$6,418,669$2,330,865$491,028$3,596,776
24$6,675,416$2,425,861$510,669$3,738,886
25$6,942,433$2,524,657$531,096$3,886,679
26$7,220,130$2,627,405$552,340$4,040,385
27$7,508,935$2,734,263$574,434$4,200,238
28$7,809,293$2,845,395$597,411$4,366,486
29$8,121,664$2,960,973$621,307$4,539,384
30$8,446,531$3,081,174$646,160$4,719,198
Total$151,900,000$54,881,715$11,620,351$85,397,936

◄ Back to Jackpot Analysis

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.