USA Mega

Wisconsin Powerball Jackpot Annuity Payout Schedule for Oct 2, 2021

Media: You may freely use any information on this page, but you must credit usamega.com.

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 $651,300,000 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 2, 2021
Jackpot:$651,300,000
Federal Tax:37% marginal rate
State Tax: 7.65%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$9,803,000$3,584,130$749,929$5,468,940
2$10,293,150$3,765,486$787,426$5,740,238
3$10,807,807$3,955,909$826,797$6,025,101
4$11,348,198$4,155,853$868,137$6,324,207
5$11,915,607$4,365,795$911,544$6,638,268
6$12,511,388$4,586,234$957,121$6,968,033
7$13,136,957$4,817,694$1,004,977$7,314,286
8$13,793,805$5,060,728$1,055,226$7,677,851
9$14,483,495$5,315,914$1,107,987$8,059,594
10$15,207,670$5,583,858$1,163,387$8,460,425
11$15,968,054$5,865,200$1,221,556$8,881,297
12$16,766,456$6,160,609$1,282,634$9,323,213
13$17,604,779$6,470,788$1,346,766$9,787,225
14$18,485,018$6,796,477$1,414,104$10,274,437
15$19,409,269$7,138,450$1,484,809$10,786,010
16$20,379,733$7,497,521$1,559,050$11,323,162
17$21,398,719$7,874,546$1,637,002$11,887,171
18$22,468,655$8,270,423$1,718,852$12,479,380
19$23,592,087$8,686,093$1,804,795$13,101,200
20$24,771,692$9,122,546$1,895,034$13,754,111
21$26,010,276$9,580,823$1,989,786$14,439,668
22$27,310,790$10,062,013$2,089,275$15,159,502
23$28,676,330$10,567,262$2,193,739$15,915,328
24$30,110,146$11,097,774$2,303,426$16,708,946
25$31,615,653$11,654,812$2,418,597$17,542,244
26$33,196,437$12,239,702$2,539,527$18,417,207
27$34,856,258$12,853,836$2,666,504$19,335,919
28$36,599,071$13,498,676$2,799,829$20,300,565
29$38,429,024$14,175,759$2,939,820$21,313,445
30$40,350,476$14,886,696$3,086,811$22,376,968
Total$651,300,001$239,691,607$49,824,447$361,783,941

◄ Back to Jackpot Analysis

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.