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Wisconsin Powerball Jackpot Annuity Payout Schedule for Oct 13, 2018

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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 $320,000,000 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, Oct 13, 2018
Jackpot:$320,000,000
Federal Tax:37% marginal rate
State Tax: 7.65%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$4,816,459$1,738,047$368,459$2,709,953
2$5,057,282$1,827,152$386,882$2,843,248
3$5,310,146$1,920,711$406,226$2,983,209
4$5,575,654$2,018,949$426,538$3,130,167
5$5,854,436$2,122,099$447,864$3,284,473
6$6,147,158$2,230,406$470,258$3,446,495
7$6,454,516$2,344,128$493,770$3,616,617
8$6,777,242$2,463,537$518,459$3,795,246
9$7,116,104$2,588,916$544,382$3,982,806
10$7,471,909$2,720,564$571,601$4,179,744
11$7,845,505$2,858,794$600,181$4,386,530
12$8,237,780$3,003,936$630,190$4,603,654
13$8,649,669$3,156,335$661,700$4,831,634
14$9,082,152$3,316,354$694,785$5,071,014
15$9,536,260$3,484,373$729,524$5,322,363
16$10,013,073$3,660,794$766,000$5,586,279
17$10,513,726$3,846,036$804,300$5,863,390
18$11,039,413$4,040,540$844,515$6,154,358
19$11,591,383$4,244,769$886,741$6,459,873
20$12,170,953$4,459,210$931,078$6,780,665
21$12,779,500$4,684,372$977,632$7,117,496
22$13,418,475$4,920,793$1,026,513$7,471,169
23$14,089,399$5,169,035$1,077,839$7,842,525
24$14,793,869$5,429,689$1,131,731$8,232,449
25$15,533,562$5,703,375$1,188,318$8,641,869
26$16,310,241$5,990,746$1,247,733$9,071,761
27$17,125,753$6,292,486$1,310,120$9,523,147
28$17,982,040$6,609,312$1,375,626$9,997,102
29$18,881,142$6,941,980$1,444,407$10,494,755
30$19,825,199$7,291,281$1,516,628$11,017,291
Total$320,000,001$117,078,719$24,480,000$178,441,282

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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.