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Wisconsin Powerball Jackpot Annuity Payout Schedule for Jun 5, 2021

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The tax information provided here is based on 2021 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 $285,600,000 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 prize money, as well as deductions claimed.

State:

Wisconsin

Drawing Date:Sat, Jun 5, 2021
Jackpot:$285,600,000
Federal Tax:37% marginal rate
State Tax: 7.65%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$4,298,690$1,554,587$328,850$2,415,253
2$4,513,624$1,634,113$345,292$2,534,219
3$4,739,306$1,717,615$362,557$2,659,133
4$4,976,271$1,805,293$380,685$2,790,294
5$5,225,084$1,897,353$399,719$2,928,012
6$5,486,339$1,994,018$419,705$3,072,616
7$5,760,656$2,095,515$440,690$3,224,451
8$6,048,688$2,202,087$462,725$3,383,877
9$6,351,123$2,313,988$485,861$3,551,274
10$6,668,679$2,431,483$510,154$3,727,042
11$7,002,113$2,554,854$535,662$3,911,597
12$7,352,219$2,684,393$562,445$4,105,381
13$7,719,829$2,820,409$590,567$4,308,853
14$8,105,821$2,963,226$620,095$4,522,500
15$8,511,112$3,113,184$651,100$4,746,828
16$8,936,668$3,270,639$683,655$4,982,373
17$9,383,501$3,435,968$717,838$5,229,695
18$9,852,676$3,609,562$753,730$5,489,384
19$10,345,310$3,791,837$791,416$5,762,057
20$10,862,575$3,983,225$830,987$6,048,363
21$11,405,704$4,184,183$872,536$6,348,985
22$11,975,989$4,395,188$916,163$6,664,638
23$12,574,789$4,616,744$961,971$6,996,073
24$13,203,528$4,849,378$1,010,070$7,344,080
25$13,863,704$5,093,643$1,060,573$7,709,488
26$14,556,890$5,350,121$1,113,602$8,093,166
27$15,284,734$5,619,424$1,169,282$8,496,028
28$16,048,971$5,902,191$1,227,746$8,919,033
29$16,851,419$6,199,097$1,289,134$9,363,188
30$17,693,990$6,510,849$1,353,590$9,829,551
Total$285,600,001$104,594,167$21,848,400$159,157,432

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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.