USA Mega

Wyoming Powerball Jackpot Annuity Payout Schedule for Jun 5, 2021

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The tax information provided here is based on 2021 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 $285,600,000 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 prize money, as well as deductions claimed.

State:

Wyoming

Drawing Date:Sat, Jun 5, 2021
Jackpot:$285,600,000
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$4,298,690$1,554,587$0$2,744,102
2$4,513,624$1,634,113$0$2,879,511
3$4,739,306$1,717,615$0$3,021,690
4$4,976,271$1,805,293$0$3,170,978
5$5,225,084$1,897,353$0$3,327,731
6$5,486,339$1,994,018$0$3,492,321
7$5,760,656$2,095,515$0$3,665,141
8$6,048,688$2,202,087$0$3,846,601
9$6,351,123$2,313,988$0$4,037,135
10$6,668,679$2,431,483$0$4,237,195
11$7,002,113$2,554,854$0$4,447,259
12$7,352,219$2,684,393$0$4,667,825
13$7,719,829$2,820,409$0$4,899,420
14$8,105,821$2,963,226$0$5,142,595
15$8,511,112$3,113,184$0$5,397,928
16$8,936,668$3,270,639$0$5,666,028
17$9,383,501$3,435,968$0$5,947,533
18$9,852,676$3,609,562$0$6,243,114
19$10,345,310$3,791,837$0$6,553,473
20$10,862,575$3,983,225$0$6,879,350
21$11,405,704$4,184,183$0$7,221,521
22$11,975,989$4,395,188$0$7,580,801
23$12,574,789$4,616,744$0$7,958,045
24$13,203,528$4,849,378$0$8,354,150
25$13,863,704$5,093,643$0$8,770,061
26$14,556,890$5,350,121$0$9,206,768
27$15,284,734$5,619,424$0$9,665,310
28$16,048,971$5,902,191$0$10,146,779
29$16,851,419$6,199,097$0$10,652,322
30$17,693,990$6,510,849$0$11,183,142
Total$285,600,001$104,594,167$0$181,005,829

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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.