USA Mega

Georgia Powerball Jackpot Annuity Payout Schedule for Nov 25, 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 $5,400,000 for a ticket purchased in Georgia, 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:

Georgia

Drawing Date:Wed, Nov 25, 1992
Jackpot:$5,400,000
Federal Tax:37% marginal rate
State Tax: 5.09%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$96,283$15,894$4,901$75,488
2$100,134$16,741$5,097$78,296
3$104,139$17,623$5,301$81,216
4$108,305$18,591$5,513$84,201
5$112,637$19,631$5,733$87,273
6$117,142$20,712$5,963$90,468
7$121,828$21,837$6,201$93,790
8$126,701$23,006$6,449$97,246
9$131,769$24,223$6,707$100,840
10$137,040$25,488$6,975$104,577
11$142,522$26,803$7,254$108,464
12$148,223$28,171$7,545$112,507
13$154,151$29,594$7,846$116,711
14$160,317$31,074$8,160$121,083
15$166,730$32,613$8,487$125,630
16$173,399$34,214$8,826$130,360
17$180,335$35,878$9,179$135,278
18$187,549$37,610$9,546$140,393
19$195,051$39,410$9,928$145,712
20$202,853$41,369$10,325$151,159
21$210,967$43,965$10,738$156,263
22$219,406$46,666$11,168$161,572
23$228,182$49,474$11,614$167,093
24$237,309$52,395$12,079$172,835
25$246,801$55,432$12,562$178,807
26$256,673$58,605$13,065$185,004
27$266,940$62,198$13,587$191,155
28$277,618$65,936$14,131$197,552
29$288,723$69,822$14,696$204,205
30$300,272$73,864$15,284$211,124
Total$5,400,000$1,118,839$274,860$4,006,302

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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.