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Jackpot Analysis For Indiana Powerball
domingo, 04/12/2005 Annuity Cash
Jackpot Amount  $15,000,000  $7,300,000 
Gross Prize  30 Annual Payments of $500,000  Lump-Sum Cash $7,300,000 
Less 25% Federal Tax  -$125,000  -$1,825,000 
Less 3.4% State Tax   -$17,000   -$248,200
Yearly Net Pay: $358,000 
Total Pay After 30 payments:
$10,740,000 
Lump-Sum Net Payout: $5,226,800 
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