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Wisconsin Powerball Jackpot Annuity Payout Schedule for Jun 16, 2007

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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 $65,800,000 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:Sat, Jun 16, 2007
Jackpot:$65,800,000
Federal Tax:37% marginal rate
State Tax: 7.65%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$1,173,221$391,112$89,751$692,357
2$1,220,149$408,476$93,341$718,332
3$1,268,955$426,534$97,075$745,347
4$1,319,714$445,314$100,958$773,441
5$1,372,502$464,846$104,996$802,660
6$1,427,402$485,159$109,196$833,047
7$1,484,498$506,285$113,564$864,650
8$1,543,878$528,255$118,107$897,516
9$1,605,633$551,105$122,831$931,698
10$1,669,859$574,868$127,744$967,247
11$1,736,653$599,582$132,854$1,004,217
12$1,806,119$625,284$138,168$1,042,667
13$1,878,364$652,015$143,695$1,082,654
14$1,953,498$679,815$149,443$1,124,241
15$2,031,638$708,726$155,420$1,167,492
16$2,112,904$738,795$161,637$1,212,472
17$2,197,420$770,066$168,103$1,259,252
18$2,285,317$802,587$174,827$1,307,903
19$2,376,730$836,410$181,820$1,358,500
20$2,471,799$871,586$189,093$1,411,120
21$2,570,671$908,168$196,656$1,465,846
22$2,673,497$946,214$204,523$1,522,761
23$2,780,437$985,782$212,703$1,581,952
24$2,891,655$1,026,933$221,212$1,643,511
25$3,007,321$1,069,729$230,060$1,707,532
26$3,127,614$1,114,237$239,262$1,774,114
27$3,252,718$1,160,526$248,833$1,843,359
28$3,382,827$1,208,666$258,786$1,915,375
29$3,518,140$1,258,732$269,138$1,990,270
30$3,658,866$1,310,801$279,903$2,068,162
Total$65,800,000$23,056,608$5,033,699$37,709,695

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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.