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Wisconsin Powerball Jackpot Annuity Payout Schedule for Oct 20, 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 $476,700,000 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 20, 2018
Jackpot:$476,700,000
Federal Tax:37% marginal rate
State Tax: 7.65%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$7,175,019$2,610,714$548,889$4,015,416
2$7,533,770$2,743,452$576,333$4,213,985
3$7,910,458$2,882,827$605,150$4,422,482
4$8,305,982$3,029,170$635,408$4,641,404
5$8,721,280$3,182,831$667,178$4,871,271
6$9,157,345$3,344,175$700,537$5,112,633
7$9,615,212$3,513,586$735,564$5,366,063
8$10,095,973$3,691,467$772,342$5,632,164
9$10,600,771$3,878,243$810,959$5,911,570
10$11,130,810$4,074,357$851,507$6,204,946
11$11,687,350$4,280,277$894,082$6,512,991
12$12,271,718$4,496,493$938,786$6,836,438
13$12,885,303$4,723,520$985,726$7,176,058
14$13,529,569$4,961,898$1,035,012$7,532,659
15$14,206,047$5,212,195$1,086,763$7,907,090
16$14,916,350$5,475,007$1,141,101$8,300,242
17$15,662,167$5,750,959$1,198,156$8,713,052
18$16,445,275$6,040,709$1,258,064$9,146,503
19$17,267,539$6,344,947$1,320,967$9,601,626
20$18,130,916$6,664,396$1,387,015$10,079,505
21$19,037,462$6,999,818$1,456,366$10,581,278
22$19,989,335$7,352,011$1,529,184$11,108,140
23$20,988,802$7,721,814$1,605,643$11,661,344
24$22,038,241$8,110,107$1,685,925$12,242,209
25$23,140,153$8,517,814$1,770,222$12,852,118
26$24,297,162$8,945,907$1,858,733$13,492,522
27$25,512,020$9,395,405$1,951,670$14,164,946
28$26,787,620$9,867,377$2,049,253$14,870,991
29$28,127,001$10,362,948$2,151,716$15,612,338
30$29,533,352$10,883,297$2,259,301$16,390,753
Total$476,700,001$175,057,721$36,467,552$265,174,737

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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.