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Wisconsin Powerball Jackpot Annuity Payout Schedule for Aug 3, 2024

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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 $163,500,000 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, Aug 3, 2024
Jackpot:$163,500,000
Federal Tax:37% marginal rate
State Tax: 7.65%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$2,460,910$867,557$188,260$1,405,093
2$2,583,955$913,084$197,673$1,473,199
3$2,713,153$960,887$207,556$1,544,710
4$2,848,811$1,011,080$217,934$1,619,796
5$2,991,251$1,063,783$228,831$1,698,637
6$3,140,814$1,119,121$240,272$1,781,420
7$3,297,854$1,177,226$252,286$1,868,342
8$3,462,747$1,238,237$264,900$1,959,610
9$3,635,884$1,302,297$278,145$2,055,442
10$3,817,679$1,369,561$292,052$2,156,065
11$4,008,563$1,440,188$306,655$2,261,719
12$4,208,991$1,514,347$321,988$2,372,656
13$4,419,440$1,592,213$338,087$2,489,140
14$4,640,412$1,673,973$354,992$2,611,448
15$4,872,433$1,759,820$372,741$2,739,871
16$5,116,054$1,849,960$391,378$2,874,716
17$5,371,857$1,944,607$410,947$3,016,303
18$5,640,450$2,043,987$431,494$3,164,969
19$5,922,472$2,148,335$453,069$3,321,068
20$6,218,596$2,257,901$475,723$3,484,973
21$6,529,526$2,372,945$499,509$3,657,072
22$6,856,002$2,493,741$524,484$3,837,777
23$7,198,802$2,620,577$550,708$4,027,517
24$7,558,742$2,753,755$578,244$4,226,744
25$7,936,679$2,893,592$607,156$4,435,932
26$8,333,514$3,040,420$637,514$4,655,580
27$8,750,189$3,194,590$669,389$4,886,209
28$9,187,699$3,356,469$702,859$5,128,371
29$9,647,084$3,526,441$738,002$5,382,640
30$10,129,438$3,704,912$774,902$5,649,624
Total$163,500,000$59,205,606$12,507,750$91,786,643

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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.