USA Mega

Wisconsin Powerball Jackpot Annuity Payout Schedule for Nov 5, 2011

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The tax information provided here is based on 2025 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 $20,000,000 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, Nov 5, 2011
Jackpot:$20,000,000
Federal Tax:37% marginal rate
State Tax: 7.65%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$356,602$94,358$27,280$234,964
2$370,866$99,350$28,371$243,144
3$385,701$104,542$29,506$251,652
4$401,129$109,942$30,686$260,500
5$417,174$115,558$31,914$269,702
6$433,861$121,399$33,190$279,272
7$451,215$127,473$34,518$289,225
8$469,264$133,790$35,899$299,576
9$488,034$140,359$37,335$310,340
10$507,556$147,192$38,828$321,536
11$527,858$154,298$40,381$333,179
12$548,972$161,688$41,996$345,288
13$570,931$169,373$43,676$357,882
14$593,769$177,366$45,423$370,979
15$617,519$185,679$47,240$384,600
16$642,220$194,642$49,130$398,449
17$667,909$204,147$51,095$412,667
18$694,625$214,032$53,139$427,455
19$722,410$224,312$55,264$442,834
20$751,307$235,004$57,475$458,828
21$781,359$246,123$59,774$475,462
22$812,613$257,687$62,165$492,761
23$845,118$269,714$64,652$510,752
24$878,922$282,222$67,238$529,463
25$914,079$295,230$69,927$548,923
26$950,643$308,758$72,724$569,160
27$988,668$322,827$75,633$590,208
28$1,028,215$337,460$78,658$612,097
29$1,069,344$352,677$81,805$634,861
30$1,112,117$368,504$85,077$658,537
Total$20,000,000$6,155,706$1,529,999$12,314,296

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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.