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Wisconsin Powerball Jackpot Annuity Payout Schedule for Mar 4, 2024

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The tax information provided here is based on 2024 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 $462,700,000 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 4, 2024
Jackpot:$462,700,000
Federal Tax:37% marginal rate
State Tax: 7.65%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$6,964,299$2,534,978$532,769$3,896,552
2$7,312,514$2,663,818$559,407$4,089,289
3$7,678,140$2,799,099$587,378$4,291,663
4$8,062,047$2,941,145$616,747$4,504,155
5$8,465,149$3,090,293$647,584$4,727,272
6$8,888,406$3,246,898$679,963$4,961,545
7$9,332,827$3,411,334$713,961$5,207,532
8$9,799,468$3,583,991$749,659$5,465,818
9$10,289,442$3,765,281$787,142$5,737,018
10$10,803,914$3,955,636$826,499$6,021,778
11$11,344,109$4,155,508$867,824$6,320,777
12$11,911,315$4,365,374$911,216$6,634,725
13$12,506,880$4,585,734$956,776$6,964,371
14$13,132,225$4,817,111$1,004,615$7,310,499
15$13,788,836$5,060,057$1,054,846$7,673,933
16$14,478,278$5,315,150$1,107,588$8,055,539
17$15,202,191$5,582,999$1,162,968$8,456,225
18$15,962,301$5,864,239$1,221,116$8,876,946
19$16,760,416$6,159,542$1,282,172$9,318,702
20$17,598,437$6,469,609$1,346,280$9,782,547
21$18,478,359$6,795,180$1,413,594$10,269,584
22$19,402,276$7,137,030$1,484,274$10,780,972
23$20,372,390$7,495,972$1,558,488$11,317,930
24$21,391,010$7,872,861$1,636,412$11,881,736
25$22,460,560$8,268,595$1,718,233$12,473,732
26$23,583,589$8,684,116$1,804,145$13,095,329
27$24,762,768$9,120,412$1,894,352$13,748,004
28$26,000,906$9,578,523$1,989,069$14,433,314
29$27,300,951$10,059,540$2,088,523$15,152,889
30$28,665,999$10,564,607$2,192,949$15,908,443
Total$462,700,001$169,944,632$35,396,549$257,358,819

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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.