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Pennsylvania Powerball Jackpot Annuity Payout Schedule for Feb 16, 2019

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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 $262,100,000 for a ticket purchased in Pennsylvania, 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:

Pennsylvania

Drawing Date:Sat, Feb 16, 2019
Jackpot:$262,100,000
Federal Tax:37% marginal rate
State Tax: 3.07%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$3,944,981$1,415,600$121,111$2,408,270
2$4,142,230$1,488,582$127,166$2,526,481
3$4,349,342$1,565,214$133,525$2,650,603
4$4,566,809$1,645,677$140,201$2,780,931
5$4,795,149$1,730,162$147,211$2,917,776
6$5,034,907$1,818,873$154,572$3,061,462
7$5,286,652$1,912,019$162,300$3,212,333
8$5,550,985$2,009,822$170,415$3,370,748
9$5,828,534$2,112,515$178,936$3,537,083
10$6,119,961$2,220,343$187,883$3,711,735
11$6,425,959$2,333,562$197,277$3,895,120
12$6,747,257$2,452,442$207,141$4,087,674
13$7,084,619$2,577,266$217,498$4,289,855
14$7,438,850$2,708,332$228,373$4,502,146
15$7,810,793$2,845,951$239,791$4,725,051
16$8,201,333$2,990,450$251,781$4,959,101
17$8,611,399$3,142,175$264,370$5,204,854
18$9,041,969$3,301,486$277,588$5,462,895
19$9,494,067$3,468,762$291,468$5,733,837
20$9,968,771$3,644,402$306,041$6,018,327
21$10,467,209$3,828,825$321,343$6,317,041
22$10,990,570$4,022,468$337,410$6,630,691
23$11,540,098$4,225,794$354,281$6,960,024
24$12,117,103$4,439,285$371,995$7,305,823
25$12,722,958$4,663,452$390,595$7,668,912
26$13,359,106$4,898,827$410,125$8,050,155
27$14,027,062$5,145,970$430,631$8,450,461
28$14,728,415$5,405,471$452,162$8,870,782
29$15,464,835$5,677,946$474,770$9,312,119
30$16,238,077$5,964,046$498,509$9,775,523
Total$262,100,001$95,655,719$8,046,469$158,397,813

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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.