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Wisconsin Powerball Jackpot Annuity Payout Schedule for Mar 5, 2008

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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 $175,200,000 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 5, 2008
Jackpot:$175,200,000
Federal Tax:37% marginal rate
State Tax: 7.65%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$3,123,833$1,111,776$238,973$1,773,085
2$3,248,787$1,158,008$248,532$1,842,246
3$3,378,738$1,206,090$258,473$1,914,174
4$3,513,888$1,256,096$268,812$1,988,980
5$3,654,443$1,308,101$279,565$2,066,777
6$3,800,621$1,362,187$290,748$2,147,686
7$3,952,646$1,418,436$302,377$2,231,832
8$4,110,752$1,476,935$314,472$2,319,344
9$4,275,182$1,537,774$327,051$2,410,356
10$4,446,189$1,601,047$340,133$2,505,008
11$4,624,036$1,666,851$353,739$2,603,447
12$4,808,998$1,735,286$367,888$2,705,823
13$5,001,358$1,806,460$382,604$2,812,294
14$5,201,412$1,880,480$397,908$2,923,024
15$5,409,469$1,957,461$413,824$3,038,184
16$5,625,847$2,037,521$430,377$3,157,949
17$5,850,881$2,120,783$447,592$3,282,506
18$6,084,917$2,207,376$465,496$3,412,044
19$6,328,313$2,297,433$484,116$3,546,764
20$6,581,446$2,391,092$503,481$3,686,873
21$6,844,704$2,488,498$523,620$3,832,586
22$7,118,492$2,589,799$544,565$3,984,128
23$7,403,231$2,695,153$566,347$4,141,731
24$7,699,361$2,804,721$589,001$4,305,639
25$8,007,335$2,918,671$612,561$4,476,103
26$8,327,628$3,037,180$637,064$4,653,385
27$8,660,734$3,160,429$662,546$4,837,759
28$9,007,163$3,288,608$689,048$5,029,507
29$9,367,449$3,421,914$716,610$5,228,926
30$9,742,147$3,560,552$745,274$5,436,321
Total$175,200,000$63,502,718$13,402,797$98,294,481

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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.