USA Mega

Wisconsin Powerball Jackpot Annuity Payout Schedule for Oct 16, 2010

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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 $34,600,000 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, Oct 16, 2010
Jackpot:$34,600,000
Federal Tax:37% marginal rate
State Tax: 7.65%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$616,921$184,692$47,194$385,035
2$641,598$193,349$49,082$399,167
3$667,262$202,844$51,046$413,372
4$693,953$212,720$53,087$428,146
5$721,711$222,990$55,211$443,510
6$750,579$233,672$57,419$459,488
7$780,602$244,780$59,716$476,106
8$811,827$256,333$62,105$493,389
9$844,300$268,348$64,589$511,363
10$878,072$280,844$67,172$530,055
11$913,194$293,839$69,859$549,496
12$949,722$307,354$72,654$569,714
13$987,711$321,410$75,560$590,741
14$1,027,220$336,028$78,582$612,609
15$1,068,308$351,231$81,726$635,351
16$1,111,041$367,042$84,995$659,004
17$1,155,482$383,486$88,394$683,602
18$1,201,702$400,587$91,930$709,185
19$1,249,770$418,372$95,607$735,790
20$1,299,760$436,869$99,432$763,460
21$1,351,751$456,105$103,409$792,237
22$1,405,821$476,111$107,545$822,165
23$1,462,054$496,917$111,847$853,289
24$1,520,536$518,556$116,321$885,659
25$1,581,357$541,059$120,974$919,324
26$1,644,612$564,464$125,813$954,335
27$1,710,396$588,804$130,845$990,747
28$1,778,812$614,118$136,079$1,028,615
29$1,849,964$640,444$141,522$1,067,998
30$1,923,963$667,824$147,183$1,108,956
Total$34,600,000$11,481,192$2,646,898$20,471,908

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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.