USA Mega

Wisconsin Powerball Jackpot Annuity Payout Schedule for Sep 24, 2008

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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 $177,200,000 for a ticket purchased in Wisconsin, 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:

Wisconsin

Drawing Date:Wed, Sep 24, 2008
Jackpot:$177,200,000
Federal Tax:37% marginal rate
State Tax: 7.65%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$3,159,494$1,124,970$241,701$1,792,822
2$3,285,873$1,171,730$251,369$1,862,774
3$3,417,308$1,220,361$261,424$1,935,523
4$3,554,001$1,270,937$271,881$2,011,182
5$3,696,161$1,323,537$282,756$2,089,868
6$3,844,007$1,378,240$294,067$2,171,701
7$3,997,767$1,435,131$305,829$2,256,807
8$4,157,678$1,494,298$318,062$2,345,318
9$4,323,985$1,555,832$330,785$2,437,369
10$4,496,945$1,619,827$344,016$2,533,102
11$4,676,822$1,686,381$357,777$2,632,664
12$4,863,895$1,755,598$372,088$2,736,209
13$5,058,451$1,827,584$386,972$2,843,895
14$5,260,789$1,902,449$402,450$2,955,889
15$5,471,221$1,980,309$418,548$3,072,363
16$5,690,069$2,061,283$435,290$3,193,496
17$5,917,672$2,145,496$452,702$3,319,474
18$6,154,379$2,233,078$470,810$3,450,492
19$6,400,554$2,324,162$489,642$3,586,750
20$6,656,576$2,418,891$509,228$3,728,458
21$6,922,839$2,517,408$529,597$3,875,834
22$7,199,753$2,619,866$550,781$4,029,106
23$7,487,743$2,726,422$572,812$4,188,509
24$7,787,253$2,837,241$595,725$4,354,287
25$8,098,743$2,952,492$619,554$4,526,697
26$8,422,693$3,072,354$644,336$4,706,003
27$8,759,600$3,197,009$670,109$4,892,482
28$9,109,984$3,326,652$696,914$5,086,419
29$9,474,384$3,461,479$724,790$5,288,114
30$9,853,359$3,601,700$753,782$5,497,877
Total$177,200,000$64,242,717$13,555,797$99,401,484

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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.