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Jackpot Analysis For Minnesota Powerball MIE, 10/02/2010 Annuity Cash Jackpot Amount  $20,000,000  $9,900,000  Gross Prize  30 Annual Payments of $666,666  Lump-Sum Cash $9,900,000  Less 25% Federal Tax  -$166,666  -$2,475,000  Less 7.2% State Tax   -$48,333   -$717,750 Yearly Net Pay: $451,667  Total Pay After 30 payments: $13,550,010  Lump-Sum Net Payout: $6,707,250

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