USA Mega

West Virginia Powerball Jackpot Annuity Payout Schedule for Sep 19, 2015

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 $211,500,000 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:Sat, Sep 19, 2015
Jackpot:$211,500,000
Federal Tax:37% marginal rate
State Tax: 4.82%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$3,771,066$1,352,315$181,765$2,236,986
2$3,921,909$1,408,126$189,036$2,324,746
3$4,078,785$1,466,171$196,597$2,416,017
4$4,241,936$1,526,537$204,461$2,510,938
5$4,411,614$1,589,317$212,640$2,609,657
6$4,588,078$1,654,609$221,145$2,712,324
7$4,771,601$1,722,513$229,991$2,819,097
8$4,962,466$1,793,133$239,191$2,930,142
9$5,160,964$1,866,577$248,758$3,045,629
10$5,367,403$1,942,959$258,709$3,165,735
11$5,582,099$2,022,397$269,057$3,290,645
12$5,805,383$2,105,012$279,819$3,420,551
13$6,037,598$2,190,932$291,012$3,555,654
14$6,279,102$2,280,288$302,653$3,696,161
15$6,530,266$2,373,219$314,759$3,842,289
16$6,791,477$2,469,867$327,349$3,994,261
17$7,063,136$2,570,381$340,443$4,152,312
18$7,345,661$2,674,915$354,061$4,316,685
19$7,639,488$2,783,631$368,223$4,487,634
20$7,945,067$2,896,695$382,952$4,665,420
21$8,262,870$3,014,282$398,270$4,850,317
22$8,593,385$3,136,573$414,201$5,042,611
23$8,937,120$3,263,755$430,769$5,242,596
24$9,294,605$3,396,024$448,000$5,450,581
25$9,666,389$3,533,584$465,920$5,666,885
26$10,053,045$3,676,647$484,557$5,891,841
27$10,455,166$3,825,432$503,939$6,125,796
28$10,873,373$3,980,168$524,097$6,369,108
29$11,308,308$4,141,094$545,060$6,622,153
30$11,760,640$4,308,457$566,863$6,885,320
Total$211,500,000$76,965,610$10,194,297$124,340,091

◄ 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.