Midday
 |
/
|
|
|
|
|
Massachusetts(MA) 29 Prize Analysis for Wed Nov 30, 2022
Updated: Thursday, December 8th, 2022 07:03 PM The estimated jackpot for 29 on Wed Nov 30, 2022 is $0.06 million. The cash option is $0 million. The 29 prize analysis tells you how much you would get after state, local and federal tax withholdings. As legally required by the state of Massachusetts, taxes are withheld on lottery winnings of $600.00 or more. For prizes over $5,000.00, US citizens and resident aliens with a social security number are subject to a 25% deduction to their prizes, which represents federal taxes. The Massachusetts state tax rate for lottery winning is 5%. - Prize Analysis for $0 Million Cash Option - The federal tax that must be withheld is $0.00. Massachusetts state tax withholding amounts to $0.00. A single winner will receive $0.00 after tax deduction.
- Prize Analysis for $0.06 Million Annuity - The winner gets paid in 30 annual payments in the average amount of $2,000.00 per year. The average federal tax liability is $500.00 per year. The average annual Massachusetts state tax withholding amounts to $100.00. A single winner will receive an average yearly net payment in the amount of $1,400.00 after tax deduction.
Please Note: Powerball annuity payments are NOT allocated evenly by years. The payments increase annually in a 30 year period. Please see below for the detailed payment schedule. For detailed information of Massachusetts Powerball Lottery Winning Taxes and Prizes Analysis, see the data listed below.
| Massachusetts(MA) 29 Prize Analysis for Wed Nov 30, 2022 |
|
Wed Nov 30, 2022
|
Jackpot: $0.06 Million
|
Cash: $0 Million
|
| Cash Option - $0 Million |
| Gross Cash Payment | 25% Federal Withholding | State Withholding | Lump-Sum Net Payment | | $0.00 | -$0.00 | -$0.00 | $0.00 |
| Annuity - $0.06 Million in 30 Annual Payments |
| Yr |
Annual Gross Payment |
25% Federal Withholding |
State Withholding |
Annual Net Payment |
| 1 | $1,069.81 | -$267.45 | -$53.49 | $748.86 | | 2 | $1,112.60 | -$278.15 | -$55.63 | $778.82 | | 3 | $1,157.10 | -$289.28 | -$57.86 | $809.97 | | 4 | $1,203.39 | -$300.85 | -$60.17 | $842.37 | | 5 | $1,251.52 | -$312.88 | -$62.58 | $876.07 | | 6 | $1,301.58 | -$325.40 | -$65.08 | $911.11 | | 7 | $1,353.65 | -$338.41 | -$67.68 | $947.55 | | 8 | $1,407.79 | -$351.95 | -$70.39 | $985.45 | | 9 | $1,464.10 | -$366.03 | -$73.21 | $1,024.87 | | 10 | $1,522.67 | -$380.67 | -$76.13 | $1,065.87 | | 11 | $1,583.57 | -$395.89 | -$79.18 | $1,108.50 | | 12 | $1,646.92 | -$411.73 | -$82.35 | $1,152.84 | | 13 | $1,712.79 | -$428.20 | -$85.64 | $1,198.96 | | 14 | $1,781.31 | -$445.33 | -$89.07 | $1,246.91 | | 15 | $1,852.56 | -$463.14 | -$92.63 | $1,296.79 | | 16 | $1,926.66 | -$481.67 | -$96.33 | $1,348.66 | | 17 | $2,003.73 | -$500.93 | -$100.19 | $1,402.61 | | 18 | $2,083.88 | -$520.97 | -$104.19 | $1,458.71 | | 19 | $2,167.23 | -$541.81 | -$108.36 | $1,517.06 | | 20 | $2,253.92 | -$563.48 | -$112.70 | $1,577.74 | | 21 | $2,344.08 | -$586.02 | -$117.20 | $1,640.85 | | 22 | $2,437.84 | -$609.46 | -$121.89 | $1,706.49 | | 23 | $2,535.35 | -$633.84 | -$126.77 | $1,774.75 | | 24 | $2,636.77 | -$659.19 | -$131.84 | $1,845.74 | | 25 | $2,742.24 | -$685.56 | -$137.11 | $1,919.57 | | 26 | $2,851.93 | -$712.98 | -$142.60 | $1,996.35 | | 27 | $2,966.00 | -$741.50 | -$148.30 | $2,076.20 | | 28 | $3,084.64 | -$771.16 | -$154.23 | $2,159.25 | | 29 | $3,208.03 | -$802.01 | -$160.40 | $2,245.62 | | 30 | $3,336.35 | -$834.09 | -$166.82 | $2,335.45 |
| Other Prizes With More Than $5,000.00 |
| 5 White Ball | 25% Federal Withholding | State Withholding | Net Payment | | $1,000,000.00 | -$250,000.00 | -$50,000.00 | $700,000.00 | 5 White Ball
with PowerPlay | 25% Federal Withholding | State Withholding | Net Payment | | $2,000,000.00 | -$500,000.00 | -$100,000.00 | $1,400,000.00 | 4 White Ball
Powerball | 25% Federal Withholding | State Withholding | Net Payment | | $10,000.00 | -$2,500.00 | -$500.00 | $7,000.00 | 4 White Ball
Powerball
with PowerPlay | 25% Federal Withholding | State Withholding | Net Payment | | $40,000.00 | -$10,000.00 | -$2,000.00 | $28,000.00 |
Past Prize Analysis for 29- 29 Jackpot Analysis for Saturday, November 2nd
- 29 Jackpot Analysis for Wednesday, October 30th
- 29 Jackpot Analysis for Monday, October 28th
- 29 Jackpot Analysis for Saturday, October 26th
- 29 Jackpot Analysis for Wednesday, October 23rd
- 29 Jackpot Analysis for Monday, October 21st
- 29 Jackpot Analysis for Saturday, October 19th
- 29 Jackpot Analysis for Wednesday, October 16th
- 29 Jackpot Analysis for Monday, October 14th
- 29 Jackpot Analysis for Saturday, October 12th
More Prize Analysis for Massachusetts(MA) 29
| Massachusetts Powerball |
SUN MON TUE WED THU FRI SAT |
|
|
Next Draw: Sat Nov 2, 2024
$54,000,000
Change: +$15,000,000
|
|
|
