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Wisconsin Powerball Jackpot Annuity Payout Schedule for Jan 2, 2023

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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 $274,600,000 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 money, as well as deductions claimed.

State:

Wisconsin

Drawing Date:Mon, Jan 2, 2023
Jackpot:$274,600,000
Federal Tax:37% marginal rate
State Tax: 7.65%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$4,133,124$1,485,213$316,184$2,331,727
2$4,339,780$1,561,676$331,993$2,446,111
3$4,556,769$1,641,962$348,593$2,566,215
4$4,784,608$1,726,262$366,023$2,692,323
5$5,023,838$1,814,777$384,324$2,824,737
6$5,275,030$1,907,718$403,540$2,963,772
7$5,538,782$2,005,306$423,717$3,109,758
8$5,815,721$2,107,774$444,903$3,263,044
9$6,106,507$2,215,365$467,148$3,423,994
10$6,411,832$2,328,335$490,505$3,592,992
11$6,732,424$2,446,954$515,030$3,770,439
12$7,069,045$2,571,504$540,782$3,956,759
13$7,422,497$2,702,281$567,821$4,152,395
14$7,793,622$2,839,597$596,212$4,357,813
15$8,183,303$2,983,779$626,023$4,573,501
16$8,592,468$3,135,170$657,324$4,799,974
17$9,022,091$3,294,131$690,190$5,037,770
18$9,473,196$3,461,040$724,700$5,287,457
19$9,946,856$3,636,294$760,934$5,549,627
20$10,444,199$3,820,311$798,981$5,824,907
21$10,966,409$4,013,528$838,930$6,113,950
22$11,514,729$4,216,407$880,877$6,417,445
23$12,090,466$4,429,430$924,921$6,736,115
24$12,694,989$4,653,103$971,167$7,070,719
25$13,329,738$4,887,960$1,019,725$7,422,053
26$13,996,225$5,134,561$1,070,711$7,790,953
27$14,696,036$5,393,491$1,124,247$8,178,299
28$15,430,838$5,665,367$1,180,459$8,585,012
29$16,202,380$5,950,838$1,239,482$9,012,060
30$17,012,499$6,250,582$1,301,456$9,460,461
Total$274,600,001$100,280,716$21,006,902$153,312,382

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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.