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Connecticut Powerball Jackpot Annuity Payout Schedule for Nov 15, 2025

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The tax information provided here is based on 2026 federal marginal rates and state tax rates.  It shows the final federal and state tax burdens each year, not the amount initially withheld by the lottery.

The Powerball annuity jackpot is awarded according to an annually-increasing rate schedule, which increases the amount of the annuity payment every year.  The table below shows the payout schedule for a jackpot of $548,700,000 for a ticket purchased in Connecticut, 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 exact final tax burden, which may vary depending on how the winner chooses to invest or dispense their money, as well as deductions claimed.

State:

Connecticut

Drawing Date:Sat, Nov 15, 2025
Jackpot:$548,700,000
Federal Tax:37% marginal rate
State Tax: 6.99%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$8,258,722$3,011,685$577,285$4,669,753
2$8,671,659$3,164,471$606,149$4,901,039
3$9,105,241$3,324,897$636,456$5,143,888
4$9,560,504$3,493,344$668,279$5,398,881
5$10,038,529$3,670,213$701,693$5,666,623
6$10,540,455$3,855,926$736,778$5,947,752
7$11,067,478$4,050,924$773,617$6,242,937
8$11,620,852$4,255,672$812,298$6,552,882
9$12,201,895$4,470,658$852,912$6,878,324
10$12,811,989$4,696,393$895,558$7,220,038
11$13,452,589$4,933,415$940,336$7,578,838
12$14,125,218$5,182,288$987,353$7,955,577
13$14,831,479$5,443,604$1,036,720$8,351,154
14$15,573,053$5,717,987$1,088,556$8,766,510
15$16,351,706$6,006,088$1,142,984$9,202,633
16$17,169,291$6,308,595$1,200,133$9,660,563
17$18,027,755$6,626,227$1,260,140$10,141,388
18$18,929,143$6,959,740$1,323,147$10,646,256
19$19,875,600$7,309,929$1,389,304$11,176,366
20$20,869,380$7,677,628$1,458,770$11,732,983
21$21,912,849$8,063,711$1,531,708$12,317,430
22$23,008,492$8,469,099$1,608,294$12,931,099
23$24,158,916$8,894,756$1,688,708$13,575,452
24$25,366,862$9,341,696$1,773,144$14,252,022
25$26,635,205$9,810,983$1,861,801$14,962,421
26$27,966,966$10,303,735$1,954,891$15,708,340
27$29,365,314$10,821,123$2,052,635$16,491,555
28$30,833,579$11,364,382$2,155,267$17,313,930
29$32,375,258$11,934,803$2,263,031$18,177,425
30$33,994,022$12,533,745$2,376,182$19,084,094
Total$548,700,001$201,697,717$38,354,129$308,648,153

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Note: The Net Payment total above may be a few dollars off from the total after-tax annuity amount shown on the Jackpot Analysis page because the Jackpot Analysis page shows an average annual payment, whereas we calculate an exact payment here.