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Wisconsin Powerball Jackpot Annuity Payout Schedule for Jan 30, 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 $606,600,000 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 30, 2023
Jackpot:$606,600,000
Federal Tax:37% marginal rate
State Tax: 7.65%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$9,130,200$3,334,131$698,460$5,097,609
2$9,586,711$3,503,040$733,383$5,350,287
3$10,066,046$3,680,394$770,053$5,615,599
4$10,569,349$3,866,616$808,555$5,894,177
5$11,097,816$4,062,149$848,983$6,186,684
6$11,652,707$4,267,459$891,432$6,493,816
7$12,235,342$4,483,034$936,004$6,816,305
8$12,847,109$4,709,388$982,804$7,154,918
9$13,489,465$4,947,059$1,031,944$7,510,461
10$14,163,938$5,196,614$1,083,541$7,883,782
11$14,872,135$5,458,647$1,137,718$8,275,769
12$15,615,741$5,733,782$1,194,604$8,687,356
13$16,396,528$6,022,673$1,254,334$9,119,521
14$17,216,355$6,326,009$1,317,051$9,573,295
15$18,077,173$6,644,511$1,382,904$10,049,758
16$18,981,031$6,978,939$1,452,049$10,550,044
17$19,930,083$7,330,088$1,524,651$11,075,343
18$20,926,587$7,698,794$1,600,884$11,626,909
19$21,972,916$8,085,936$1,680,928$12,206,052
20$23,071,562$8,492,435$1,764,975$12,814,152
21$24,225,140$8,919,259$1,853,223$13,452,658
22$25,436,397$9,367,424$1,945,884$14,123,089
23$26,708,217$9,837,998$2,043,179$14,827,041
24$28,043,628$10,332,099$2,145,338$15,566,191
25$29,445,809$10,850,907$2,252,604$16,342,298
26$30,918,100$11,395,654$2,365,235$17,157,211
27$32,464,005$11,967,639$2,483,496$18,012,869
28$34,087,205$12,568,223$2,607,671$18,911,310
29$35,791,565$13,198,836$2,738,055$19,854,674
30$37,581,144$13,860,980$2,874,957$20,845,206
Total$606,600,001$223,120,717$46,404,899$337,074,384

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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.