USA Mega

Washington, D.C. Powerball Jackpot Annuity Payout Schedule for May 19, 2001

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 $43,900,000 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:Sat, May 19, 2001
Jackpot:$43,900,000
Federal Tax:37% marginal rate
State Tax: 10.75%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$782,741$245,572$84,145$453,025
2$814,051$257,156$87,510$469,384
3$846,613$269,204$91,011$486,398
4$880,478$281,734$94,651$504,092
5$915,697$294,765$98,437$522,494
6$952,325$308,317$102,375$541,632
7$990,418$322,412$106,470$561,536
8$1,030,034$337,070$110,729$582,236
9$1,071,236$352,314$115,158$603,763
10$1,114,085$368,169$119,764$626,152
11$1,158,648$384,657$124,555$649,437
12$1,204,994$401,805$129,537$673,652
13$1,253,194$419,639$134,718$698,837
14$1,303,322$438,186$140,107$725,028
15$1,355,455$457,476$145,711$752,268
16$1,409,673$477,536$151,540$780,597
17$1,466,060$498,399$157,601$810,059
18$1,524,702$520,097$163,905$840,700
19$1,585,690$542,663$170,462$872,566
20$1,649,118$566,131$177,280$905,707
21$1,715,083$590,538$184,371$940,173
22$1,783,686$615,921$191,746$976,019
23$1,855,033$642,320$199,416$1,013,298
24$1,929,235$669,774$207,393$1,052,068
25$2,006,404$698,327$215,688$1,092,389
26$2,086,660$728,022$224,316$1,134,323
27$2,170,127$758,904$233,289$1,177,934
28$2,256,932$791,022$242,620$1,223,290
29$2,347,209$824,425$252,325$1,270,459
30$2,441,097$859,163$262,418$1,319,516
Total$43,900,000$14,921,718$4,719,248$24,259,032

◄ 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.