USA Mega

West Virginia Powerball Jackpot Annuity Payout Schedule for Jun 1, 2011

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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 $201,900,000 for a ticket purchased in West Virginia, 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:

West Virginia

Drawing Date:Wed, Jun 1, 2011
Jackpot:$201,900,000
Federal Tax:37% marginal rate
State Tax: 4.58%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$3,599,897$1,287,919$164,875$2,147,103
2$3,743,893$1,341,198$171,470$2,231,225
3$3,893,649$1,396,607$178,329$2,318,712
4$4,049,395$1,454,233$185,462$2,409,699
5$4,211,370$1,514,164$192,881$2,504,325
6$4,379,825$1,576,493$200,596$2,602,737
7$4,555,018$1,641,314$208,620$2,705,084
8$4,737,219$1,708,728$216,965$2,811,526
9$4,926,708$1,778,839$225,643$2,922,225
10$5,123,776$1,851,754$234,669$3,037,353
11$5,328,727$1,927,586$244,056$3,157,085
12$5,541,876$2,006,451$253,818$3,281,607
13$5,763,551$2,088,471$263,971$3,411,109
14$5,994,093$2,173,772$274,529$3,545,792
15$6,233,857$2,262,484$285,511$3,685,862
16$6,483,211$2,354,745$296,931$3,831,535
17$6,742,540$2,450,697$308,808$3,983,034
18$7,012,241$2,550,486$321,161$4,140,594
19$7,292,731$2,654,268$334,007$4,304,456
20$7,584,440$2,762,200$347,367$4,474,873
21$7,887,818$2,874,450$361,262$4,652,106
22$8,203,330$2,991,189$375,713$4,836,428
23$8,531,464$3,112,599$390,741$5,028,124
24$8,872,722$3,238,864$406,371$5,227,487
25$9,227,631$3,370,181$422,626$5,434,825
26$9,596,736$3,506,750$439,531$5,650,456
27$9,980,606$3,648,781$457,112$5,874,713
28$10,379,830$3,796,494$475,396$6,107,939
29$10,795,023$3,950,116$494,412$6,350,495
30$11,226,824$4,109,882$514,189$6,602,753
Total$201,900,000$73,381,715$9,247,022$119,271,262

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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.