USA Mega

Connecticut Powerball Jackpot Annuity Payout Schedule for May 9, 1992

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 $10,200,000 for a ticket purchased in Connecticut, 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:

Connecticut

Drawing Date:Sat, May 9, 1992
Jackpot:$10,200,000
Federal Tax:37% marginal rate
State Tax: 6.99%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$181,867$36,246$12,713$132,908
2$189,142$37,992$13,221$137,929
3$196,707$39,808$13,750$143,150
4$204,576$41,920$14,300$148,356
5$212,759$44,539$14,872$153,348
6$221,269$47,262$15,467$158,540
7$230,120$50,094$16,085$163,940
8$239,325$53,040$16,729$169,556
9$248,898$56,103$17,398$175,396
10$258,853$59,368$18,094$181,392
11$269,208$62,992$18,818$187,398
12$279,976$66,761$19,570$193,645
13$291,175$70,680$20,353$200,141
14$302,822$74,757$21,167$206,898
15$314,935$78,996$22,014$213,924
16$327,532$83,406$22,895$221,232
17$340,634$87,991$23,810$228,832
18$354,259$92,760$24,763$236,736
19$368,429$97,719$25,753$244,957
20$383,166$102,877$26,783$253,506
21$398,493$108,242$27,855$262,397
22$414,433$113,821$28,969$271,643
23$431,010$119,623$30,128$281,260
24$448,250$125,657$31,333$291,261
25$466,180$131,932$32,586$301,662
26$484,828$138,459$33,889$312,479
27$504,221$145,247$35,245$323,729
28$524,390$152,306$36,655$335,429
29$545,365$159,647$38,121$347,597
30$567,180$167,282$39,646$360,252
Total$10,200,000$2,647,527$712,982$6,839,493

◄ 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.