USA Mega

Washington, D.C. Powerball Jackpot Annuity Payout Schedule for Jun 17, 1992

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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 $10,800,000 for a ticket purchased in Washington, D.C., 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:

Washington, D.C.

Drawing Date:Wed, Jun 17, 1992
Jackpot:$10,800,000
Federal Tax:37% marginal rate
State Tax: 10.75%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$192,565$38,814$20,701$133,051
2$200,268$40,662$21,529$138,077
3$208,278$43,105$22,390$142,783
4$216,610$45,771$23,286$147,553
5$225,274$48,544$24,217$152,513
6$234,285$51,427$25,186$157,672
7$243,656$54,426$26,193$163,037
8$253,402$57,545$27,241$168,617
9$263,539$61,008$28,330$174,200
10$274,080$64,697$29,464$179,919
11$285,043$68,534$30,642$185,867
12$296,445$72,525$31,868$192,052
13$308,303$76,675$33,143$198,485
14$320,635$80,991$34,468$205,175
15$333,460$85,480$35,847$212,133
16$346,799$90,149$37,281$219,369
17$360,671$95,004$38,772$226,895
18$375,098$100,053$40,323$234,721
19$390,102$105,305$41,936$242,861
20$405,706$110,766$43,613$251,326
21$421,934$116,446$45,358$260,130
22$438,811$122,353$47,172$269,286
23$456,364$128,497$49,059$278,808
24$474,618$134,886$51,021$288,711
25$493,603$141,530$53,062$299,010
26$513,347$148,441$55,185$309,721
27$533,881$155,628$57,392$320,861
28$555,236$163,102$59,688$332,446
29$577,446$170,875$62,075$344,495
30$600,543$178,959$64,558$357,026
Total$10,800,000$2,852,198$1,161,000$6,786,800

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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.