USA Mega

West Virginia Powerball Jackpot Annuity Payout Schedule for Apr 3, 2019

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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 $54,300,000 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, Apr 3, 2019
Jackpot:$54,300,000
Federal Tax:37% marginal rate
State Tax: 4.82%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$817,293$258,356$39,394$519,544
2$858,158$273,476$41,363$543,319
3$901,065$289,351$43,431$568,283
4$946,119$306,021$45,603$594,495
5$993,425$323,524$47,883$622,017
6$1,043,096$341,903$50,277$650,916
7$1,095,251$361,200$52,791$681,260
8$1,150,013$381,462$55,431$713,120
9$1,207,514$402,737$58,202$746,574
10$1,267,890$425,076$61,112$781,701
11$1,331,284$448,532$64,168$818,584
12$1,397,848$473,161$67,376$857,311
13$1,467,741$499,021$70,745$897,974
14$1,541,128$526,175$74,282$940,671
15$1,618,184$554,685$77,996$985,502
16$1,699,093$584,622$81,896$1,032,575
17$1,784,048$616,055$85,991$1,082,002
18$1,873,250$649,060$90,291$1,133,900
19$1,966,913$683,715$94,805$1,188,393
20$2,065,259$720,103$99,545$1,245,610
21$2,168,521$758,310$104,523$1,305,689
22$2,276,948$798,428$109,749$1,368,771
23$2,390,795$840,551$115,236$1,435,007
24$2,510,335$884,781$120,998$1,504,555
25$2,635,851$931,222$127,048$1,577,581
26$2,767,644$979,986$133,400$1,654,258
27$2,906,026$1,031,187$140,070$1,734,769
28$3,051,327$1,084,948$147,074$1,819,305
29$3,203,894$1,141,398$154,428$1,908,068
30$3,364,089$1,200,670$162,149$2,001,269
Total$54,300,000$18,769,716$2,617,257$32,913,023

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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.