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Connecticut Powerball Jackpot Annuity Payout Schedule for Nov 9, 2026

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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 $31,500,000 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:Mon, Nov 9, 2026
Jackpot:$31,500,000
Federal Tax:37% marginal rate
State Tax: 6.99%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$474,120$134,711$33,141$306,268
2$497,826$143,008$34,798$320,020
3$522,718$151,720$36,538$334,459
4$548,853$160,868$38,365$349,621
5$576,296$170,473$40,283$365,540
6$605,111$180,558$42,297$382,256
7$635,366$191,148$44,412$399,807
8$667,135$202,797$46,633$417,705
9$700,491$215,139$48,964$436,388
10$735,516$228,098$51,413$456,005
11$772,292$241,705$53,983$476,603
12$810,906$255,993$56,682$498,231
13$851,452$270,994$59,516$520,941
14$894,024$286,746$62,492$544,786
15$938,726$303,286$65,617$569,823
16$985,662$320,652$68,898$596,112
17$1,034,945$338,887$72,343$623,715
18$1,086,692$358,033$75,960$652,699
19$1,141,027$378,137$79,758$683,132
20$1,198,078$399,246$83,746$715,086
21$1,257,982$421,411$87,933$748,638
22$1,320,881$444,683$92,330$783,868
23$1,386,925$469,120$96,946$820,860
24$1,456,271$494,778$101,793$859,700
25$1,529,085$521,719$106,883$900,483
26$1,605,539$550,007$112,227$943,305
27$1,685,816$579,709$117,839$988,268
28$1,770,107$610,897$123,730$1,035,480
29$1,858,612$643,644$129,917$1,085,052
30$1,951,543$678,028$136,413$1,137,102
Total$31,500,000$10,346,195$2,201,850$18,951,953

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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.