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Jackpot Analysis For Louisiana 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 5.0% State Tax   -$25,000   -$365,000
Yearly Net Pay: $350,000 
Total Pay After 30 payments:
$10,500,000 
Lump-Sum Net Payout: $5,110,000 
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