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Wisconsin Powerball Jackpot Annuity Payout Schedule for Jan 6, 2025

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The tax information provided here is based on 2026 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 $220,200,000 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, Jan 6, 2025
Jackpot:$220,200,000
Federal Tax:37% marginal rate
State Tax: 7.65%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$3,314,326$1,182,258$253,546$1,878,522
2$3,480,042$1,243,573$266,223$1,970,246
3$3,654,044$1,307,954$279,534$2,066,556
4$3,836,747$1,375,554$293,511$2,167,682
5$4,028,584$1,446,533$308,187$2,273,864
6$4,230,013$1,521,062$323,596$2,385,355
7$4,441,514$1,599,317$339,776$2,502,421
8$4,663,590$1,681,485$356,765$2,625,340
9$4,896,769$1,767,762$374,603$2,754,404
10$5,141,607$1,858,352$393,333$2,889,922
11$5,398,688$1,953,472$413,000$3,032,216
12$5,668,622$2,053,347$433,650$3,181,625
13$5,952,053$2,158,217$455,332$3,338,504
14$6,249,656$2,268,330$478,099$3,503,227
15$6,562,139$2,383,949$502,004$3,676,187
16$6,890,246$2,505,348$527,104$3,857,794
17$7,234,758$2,632,818$553,459$4,048,481
18$7,596,496$2,766,661$581,132$4,248,703
19$7,976,321$2,907,196$610,189$4,458,936
20$8,375,137$3,054,758$640,698$4,679,681
21$8,793,894$3,209,698$672,733$4,911,463
22$9,233,588$3,372,385$706,370$5,154,834
23$9,695,268$3,543,206$741,688$5,410,373
24$10,180,031$3,722,569$778,772$5,678,690
25$10,689,033$3,910,899$817,711$5,960,422
26$11,223,484$4,108,646$858,597$6,256,241
27$11,784,659$4,316,281$901,526$6,566,851
28$12,373,891$4,534,297$946,603$6,892,992
29$12,992,586$4,763,214$993,933$7,235,439
30$13,642,215$5,003,577$1,043,629$7,595,009
Total$220,200,000$80,152,718$16,845,303$123,201,980

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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.