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Wisconsin Powerball Jackpot Annuity Payout Schedule for Aug 19, 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 $259,900,000 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, Aug 19, 2009
Jackpot:$259,900,000
Federal Tax:37% marginal rate
State Tax: 7.65%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$4,634,043$1,670,553$354,504$2,608,985
2$4,819,404$1,739,137$368,684$2,711,583
3$5,012,181$1,810,464$383,432$2,818,285
4$5,212,668$1,884,644$398,769$2,929,254
5$5,421,175$1,961,792$414,720$3,044,663
6$5,638,022$2,042,025$431,309$3,164,688
7$5,863,542$2,125,468$448,561$3,289,513
8$6,098,084$2,212,248$466,503$3,419,332
9$6,342,008$2,302,500$485,164$3,554,344
10$6,595,688$2,396,362$504,570$3,694,756
11$6,859,515$2,493,978$524,753$3,840,784
12$7,133,896$2,595,499$545,743$3,992,654
13$7,419,252$2,701,080$567,573$4,150,599
14$7,716,022$2,810,885$590,276$4,314,861
15$8,024,663$2,925,082$613,887$4,485,694
16$8,345,649$3,043,847$638,442$4,663,360
17$8,679,475$3,167,363$663,980$4,848,132
18$9,026,654$3,295,819$690,539$5,040,296
19$9,387,720$3,429,414$718,161$5,240,146
20$9,763,229$3,568,352$746,887$5,447,990
21$10,153,758$3,712,848$776,763$5,664,148
22$10,559,909$3,863,123$807,833$5,888,952
23$10,982,305$4,019,410$840,146$6,122,749
24$11,421,597$4,181,948$873,752$6,365,897
25$11,878,461$4,350,988$908,702$6,618,771
26$12,353,600$4,526,789$945,050$6,881,760
27$12,847,744$4,709,622$982,852$7,155,269
28$13,361,653$4,899,769$1,022,166$7,439,718
29$13,896,119$5,097,521$1,063,053$7,735,545
30$14,451,964$5,303,184$1,105,575$8,043,205
Total$259,900,000$94,841,714$19,882,349$145,175,933

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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.