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Powerball Annuity Jackpot Analysis for Washington

Media: You may freely use any information on this page, but you must credit www.usamega.com.

The Powerball annuity jackpot is awarded according to an increasing rate schedule, which increases the amount of the annuity payment every year. The table below shows the payout schedule for a jackpot of $202,000,000 would be for a resident of Washington, 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 final tax burden, which may vary depending on how the winner chooses to invest or dispense their prize money. (For example, if the winner gave all their fortune to charity, they may actually end up getting money back that was initially withheld, whereas someone who buys a new mansion and a fleet of new cars would probably end up owing more taxes than shown.)

Powerball Annuity Jackpot Analysis for Washington Media: You may freely use any information on this page, but you must credit www.usamega.com . The Powerball annuity jackpot is awarded

Powerball Jackpot Rolls to $245 Million

What would you do with $245 million?

By Lauren Padgett , Patch Staff
Sep 9, 2013 11:52 a m PT

From the Washington’s Lottery:

What: Washingtonian’s, let your imaginations run wild… the Powerball Jackpot has reached $245 million! That’s enough money to host a luxury tailgate every week of this year’s football season (up to $15 million each week) for at least 67,000 fans in Seattle.

When: The jackpot rose to $245 million on Saturday, September 7. The next drawing will take placeWednesday, September 11, at 8:00 p.m.

Where: Powerball tickets for Wednesday’s $245 million drawing are available for purchase at Washington’s Lottery retailer locations until 6:45 p.m. on Wednesday, September 11. Sales for the next drawing, Saturday, September 14, will resume at 8:01 p.m. on Wednesday evening. You can find Washington’s Lottery retail locationshere.

Why: A Washingtonian wouldn’t be the only winner if their Powerball numbers are drawn. If this Wednesday’s Powerball jackpot winner is from Washington, the retailer that sold the ticket will receive a $50,000 selling bonus.

Powerball Jackpot Rolls to $245 Million – Puyallup, WA – What would you do with $245 million? ]]>