USA Mega

Wisconsin Powerball Jackpot Annuity Payout Schedule for Jul 10, 2023

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 $680,800,000 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, Jul 10, 2023
Jackpot:$680,800,000
Federal Tax:37% marginal rate
State Tax: 7.65%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$10,247,017$3,748,417$783,897$5,714,704
2$10,759,368$3,937,986$823,092$5,998,290
3$11,297,336$4,137,035$864,246$6,296,055
4$11,862,203$4,346,035$907,459$6,608,709
5$12,455,313$4,565,486$952,831$6,936,995
6$13,078,079$4,795,909$1,000,473$7,281,696
7$13,731,983$5,037,854$1,050,497$7,643,632
8$14,418,582$5,291,896$1,103,022$8,023,665
9$15,139,511$5,558,639$1,158,173$8,422,699
10$15,896,487$5,838,720$1,216,081$8,841,685
11$16,691,311$6,132,805$1,276,885$9,281,620
12$17,525,877$6,441,595$1,340,730$9,743,552
13$18,402,170$6,765,823$1,407,766$10,228,581
14$19,322,279$7,106,264$1,478,154$10,737,861
15$20,288,393$7,463,726$1,552,062$11,272,605
16$21,302,813$7,839,061$1,629,665$11,834,087
17$22,367,953$8,233,163$1,711,148$12,423,642
18$23,486,351$8,646,970$1,796,706$13,042,675
19$24,660,668$9,081,467$1,886,541$13,692,660
20$25,893,702$9,537,690$1,980,868$14,375,144
21$27,188,387$10,016,723$2,079,912$15,091,752
22$28,547,806$10,519,708$2,183,907$15,844,190
23$29,975,196$11,047,843$2,293,103$16,634,251
24$31,473,956$11,602,384$2,407,758$17,463,814
25$33,047,654$12,184,652$2,528,146$18,334,856
26$34,700,037$12,796,034$2,654,553$19,249,450
27$36,435,039$13,437,985$2,787,280$20,209,774
28$38,256,790$14,112,033$2,926,644$21,218,113
29$40,169,630$14,819,783$3,072,977$22,276,870
30$42,178,112$15,562,922$3,226,626$23,388,565
Total$680,800,001$250,606,608$52,081,202$378,112,192

◄ 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.