USA Mega

Wyoming Powerball Jackpot Annuity Payout Schedule for Dec 30, 2006

Media: You may freely use any information on this page, but you must credit usamega.com.

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 $89,000,000 for a ticket purchased in Wyoming, 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:

Wyoming

Drawing Date:Sat, Dec 30, 2006
Jackpot:$89,000,000
Federal Tax:37% marginal rate
State Tax: No state tax on lottery prizes
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$1,586,879$543,102$0$1,043,776
2$1,650,354$566,588$0$1,083,766
3$1,716,368$591,013$0$1,125,355
4$1,785,023$616,416$0$1,168,607
5$1,856,424$642,834$0$1,213,590
6$1,930,681$670,309$0$1,260,372
7$2,007,908$698,883$0$1,309,025
8$2,088,224$728,600$0$1,359,624
9$2,171,753$759,506$0$1,412,247
10$2,258,623$791,648$0$1,466,975
11$2,348,968$825,076$0$1,523,893
12$2,442,927$859,840$0$1,583,087
13$2,540,644$895,996$0$1,644,649
14$2,642,270$933,597$0$1,708,673
15$2,747,961$972,703$0$1,775,258
16$2,857,879$1,013,373$0$1,844,507
17$2,972,194$1,055,669$0$1,916,525
18$3,091,082$1,099,658$0$1,991,424
19$3,214,725$1,145,406$0$2,069,320
20$3,343,314$1,192,984$0$2,150,331
21$3,477,047$1,242,465$0$2,234,582
22$3,616,129$1,293,925$0$2,322,204
23$3,760,774$1,347,444$0$2,413,330
24$3,911,205$1,403,103$0$2,508,102
25$4,067,653$1,460,989$0$2,606,664
26$4,230,359$1,521,190$0$2,709,169
27$4,399,574$1,583,799$0$2,815,774
28$4,575,557$1,648,913$0$2,926,643
29$4,758,579$1,716,631$0$3,041,947
30$4,948,922$1,787,058$0$3,161,864
Total$89,000,000$31,608,718$0$57,391,283

◄ 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.