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Wisconsin Powerball Jackpot Annuity Payout Schedule for Mar 27, 2023

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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 $122,200,000 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, Mar 27, 2023
Jackpot:$122,200,000
Federal Tax:37% marginal rate
State Tax: 7.65%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$1,839,285$637,556$140,705$1,061,024
2$1,931,250$671,583$147,741$1,111,926
3$2,027,812$707,311$155,128$1,165,374
4$2,129,203$744,825$162,884$1,221,493
5$2,235,663$784,215$171,028$1,280,419
6$2,347,446$825,575$179,580$1,342,291
7$2,464,818$869,003$188,559$1,407,257
8$2,588,059$914,602$197,987$1,475,471
9$2,717,462$962,481$207,886$1,547,095
10$2,853,335$1,012,754$218,280$1,622,301
11$2,996,002$1,065,541$229,194$1,701,267
12$3,145,802$1,120,967$240,654$1,784,181
13$3,303,092$1,179,164$252,687$1,871,241
14$3,468,247$1,240,272$265,321$1,962,654
15$3,641,659$1,304,434$278,587$2,058,638
16$3,823,742$1,371,805$292,516$2,159,421
17$4,014,929$1,442,544$307,142$2,265,243
18$4,215,676$1,516,820$322,499$2,376,356
19$4,426,460$1,594,810$338,624$2,493,025
20$4,647,783$1,676,700$355,555$2,615,527
21$4,880,172$1,762,684$373,333$2,744,155
22$5,124,180$1,852,967$392,000$2,879,214
23$5,380,389$1,947,764$411,600$3,021,025
24$5,649,409$2,047,301$432,180$3,169,927
25$5,931,879$2,151,816$453,789$3,326,275
26$6,228,473$2,261,555$476,478$3,490,440
27$6,539,897$2,376,782$500,302$3,662,813
28$6,866,892$2,497,770$525,317$3,843,804
29$7,210,236$2,624,808$551,583$4,033,845
30$7,570,748$2,758,197$579,162$4,233,389
Total$122,200,000$43,924,606$9,348,301$68,927,091

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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.