USA Mega

Wisconsin Powerball Jackpot Annuity Payout Schedule for Sep 23, 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 $748,300,000 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:Sat, Sep 23, 2023
Jackpot:$748,300,000
Federal Tax:37% marginal rate
State Tax: 7.65%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$11,262,989$4,124,326$861,619$6,277,044
2$11,826,138$4,332,691$904,700$6,588,747
3$12,417,445$4,551,475$949,935$6,916,036
4$13,038,318$4,781,198$997,431$7,259,689
5$13,690,233$5,022,406$1,047,303$7,620,524
6$14,374,745$5,275,676$1,099,668$7,999,401
7$15,093,483$5,541,609$1,154,651$8,397,222
8$15,848,157$5,820,838$1,212,384$8,814,934
9$16,640,564$6,114,029$1,273,003$9,253,532
10$17,472,592$6,421,879$1,336,653$9,714,060
11$18,346,222$6,745,122$1,403,486$10,197,614
12$19,263,533$7,084,528$1,473,660$10,705,345
13$20,226,710$7,440,903$1,547,343$11,238,464
14$21,238,046$7,815,097$1,624,710$11,798,238
15$22,299,948$8,208,001$1,705,946$12,386,001
16$23,414,945$8,620,550$1,791,243$13,003,152
17$24,585,692$9,053,726$1,880,805$13,651,160
18$25,814,977$9,508,562$1,974,846$14,331,569
19$27,105,726$9,986,139$2,073,588$15,045,999
20$28,461,012$10,487,595$2,177,267$15,796,150
21$29,884,062$11,014,123$2,286,131$16,583,808
22$31,378,266$11,566,979$2,400,437$17,410,850
23$32,947,179$12,147,477$2,520,459$18,279,243
24$34,594,538$12,756,999$2,646,482$19,191,056
25$36,324,264$13,396,998$2,778,806$20,148,460
26$38,140,478$14,068,997$2,917,747$21,153,735
27$40,047,502$14,774,596$3,063,634$22,209,272
28$42,049,877$15,515,475$3,216,816$23,317,586
29$44,152,371$16,293,397$3,377,656$24,481,317
30$46,359,990$17,110,216$3,546,539$25,703,234
Total$748,300,001$275,581,607$57,244,948$415,473,442

◄ 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.