USA Mega

Wisconsin Powerball Jackpot Annuity Payout Schedule for May 29, 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 $224,500,000 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, May 29, 2010
Jackpot:$224,500,000
Federal Tax:37% marginal rate
State Tax: 7.65%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$4,002,857$1,437,014$306,219$2,259,624
2$4,162,972$1,496,257$318,467$2,348,248
3$4,329,490$1,557,869$331,206$2,440,416
4$4,502,670$1,621,945$344,454$2,536,271
5$4,682,777$1,688,585$358,232$2,635,960
6$4,870,088$1,757,890$372,562$2,739,636
7$5,064,891$1,829,967$387,464$2,847,460
8$5,267,487$1,904,927$402,963$2,959,597
9$5,478,187$1,982,886$419,081$3,076,219
10$5,697,314$2,063,963$435,845$3,197,506
11$5,925,207$2,148,284$453,278$3,323,645
12$6,162,215$2,235,977$471,409$3,454,829
13$6,408,703$2,327,178$490,266$3,591,260
14$6,665,052$2,422,026$509,876$3,733,149
15$6,931,654$2,520,669$530,272$3,880,713
16$7,208,920$2,623,258$551,482$4,034,180
17$7,497,277$2,729,950$573,542$4,193,785
18$7,797,168$2,840,909$596,483$4,359,775
19$8,109,054$2,956,307$620,343$4,532,404
20$8,433,417$3,076,321$645,156$4,711,939
21$8,770,753$3,201,136$670,963$4,898,655
22$9,121,583$3,330,943$697,801$5,092,839
23$9,486,447$3,465,943$725,713$5,294,791
24$9,865,904$3,606,342$754,742$5,504,821
25$10,260,541$3,752,357$784,931$5,723,252
26$10,670,962$3,904,213$816,329$5,950,420
27$11,097,801$4,062,144$848,982$6,186,675
28$11,541,713$4,226,391$882,941$6,432,381
29$12,003,381$4,397,208$918,259$6,687,914
30$12,483,517$4,574,858$954,989$6,953,669
Total$224,500,000$81,743,717$17,174,250$125,582,033

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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.