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Wisconsin Powerball Jackpot Annuity Payout Schedule for Aug 15, 2009

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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 $217,600,000 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:Sat, Aug 15, 2009
Jackpot:$217,600,000
Federal Tax:37% marginal rate
State Tax: 7.65%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$3,879,830$1,391,494$296,807$2,191,528
2$4,035,023$1,448,916$308,679$2,277,428
3$4,196,424$1,508,634$321,026$2,366,763
4$4,364,281$1,570,741$333,867$2,459,672
5$4,538,852$1,635,332$347,222$2,556,297
6$4,720,406$1,702,507$361,111$2,656,787
7$4,909,222$1,772,369$375,555$2,761,297
8$5,105,591$1,845,026$390,578$2,869,987
9$5,309,815$1,920,589$406,201$2,983,025
10$5,522,207$1,999,174$422,449$3,100,584
11$5,743,096$2,080,903$439,347$3,222,846
12$5,972,819$2,165,900$456,921$3,349,998
13$6,211,732$2,254,298$475,198$3,482,236
14$6,460,201$2,346,232$494,205$3,619,764
15$6,718,609$2,441,843$513,974$3,762,793
16$6,987,354$2,541,278$534,533$3,911,543
17$7,266,848$2,644,691$555,914$4,066,243
18$7,557,522$2,752,240$578,150$4,227,131
19$7,859,823$2,864,092$601,276$4,394,455
20$8,174,216$2,980,417$625,328$4,568,471
21$8,501,184$3,101,395$650,341$4,749,448
22$8,841,232$3,227,213$676,354$4,937,665
23$9,194,881$3,358,063$703,408$5,133,409
24$9,562,676$3,494,147$731,545$5,336,984
25$9,945,183$3,635,675$760,807$5,548,702
26$10,342,991$3,782,864$791,239$5,768,888
27$10,756,710$3,935,940$822,888$5,997,882
28$11,186,979$4,095,139$855,804$6,236,035
29$11,634,458$4,260,707$890,036$6,483,715
30$12,099,836$4,432,897$925,637$6,741,302
Total$217,600,000$79,190,716$16,646,400$121,762,878

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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.