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Wisconsin Powerball Jackpot Annuity Payout Schedule for Apr 30, 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 $160,600,000 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 30, 2008
Jackpot:$160,600,000
Federal Tax:37% marginal rate
State Tax: 7.65%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$2,863,514$1,015,457$219,059$1,628,998
2$2,978,054$1,057,837$227,821$1,692,396
3$3,097,177$1,101,913$236,934$1,758,330
4$3,221,064$1,147,751$246,411$1,826,902
5$3,349,906$1,195,423$256,268$1,898,216
6$3,483,903$1,245,001$266,519$1,972,383
7$3,623,259$1,296,563$277,179$2,049,516
8$3,768,189$1,350,187$288,266$2,129,735
9$3,918,917$1,405,956$299,797$2,213,163
10$4,075,673$1,463,956$311,789$2,299,928
11$4,238,700$1,524,276$324,261$2,390,163
12$4,408,248$1,587,009$337,231$2,484,008
13$4,584,578$1,652,251$350,720$2,581,607
14$4,767,961$1,720,103$364,749$2,683,109
15$4,958,680$1,790,669$379,339$2,788,672
16$5,157,027$1,864,057$394,513$2,898,457
17$5,363,308$1,940,381$410,293$3,012,634
18$5,577,840$2,019,758$426,705$3,131,377
19$5,800,954$2,102,310$443,773$3,254,871
20$6,032,992$2,188,164$461,524$3,383,304
21$6,274,312$2,277,453$479,985$3,516,874
22$6,525,284$2,370,312$499,184$3,655,787
23$6,786,295$2,466,887$519,152$3,800,257
24$7,057,747$2,567,324$539,918$3,950,506
25$7,340,057$2,671,778$561,514$4,106,764
26$7,633,659$2,780,411$583,975$4,269,273
27$7,939,006$2,893,389$607,334$4,438,282
28$8,256,566$3,010,887$631,627$4,614,052
29$8,586,829$3,133,084$656,892$4,796,852
30$8,930,302$3,260,169$683,168$4,986,965
Total$160,600,000$58,100,716$12,285,900$90,213,381

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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.