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Connecticut Powerball Jackpot Annuity Payout Schedule for Mar 25, 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 $147,600,000 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:Wed, Mar 25, 2026
Jackpot:$147,600,000
Federal Tax:37% marginal rate
State Tax: 6.99%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$2,221,592$777,946$155,289$1,288,356
2$2,332,671$819,046$163,054$1,350,572
3$2,449,305$862,200$171,206$1,415,898
4$2,571,770$907,512$179,767$1,484,491
5$2,700,359$955,090$188,755$1,556,514
6$2,835,377$1,005,047$198,193$1,632,137
7$2,977,146$1,057,501$208,102$1,711,542
8$3,126,003$1,112,578$218,508$1,794,917
9$3,282,303$1,170,409$229,433$1,882,461
10$3,446,418$1,231,132$240,905$1,974,382
11$3,618,739$1,294,891$252,950$2,070,898
12$3,799,676$1,361,837$265,597$2,172,241
13$3,989,660$1,432,131$278,877$2,278,651
14$4,189,143$1,505,940$292,821$2,390,382
15$4,398,600$1,583,439$307,462$2,507,699
16$4,618,530$1,664,813$322,835$2,630,881
17$4,849,456$1,750,256$338,977$2,760,223
18$5,091,929$1,839,971$355,926$2,896,032
19$5,346,526$1,934,172$373,722$3,038,632
20$5,613,852$2,033,082$392,408$3,188,361
21$5,894,544$2,136,939$412,029$3,345,577
22$6,189,272$2,245,988$432,630$3,510,654
23$6,498,735$2,360,489$454,262$3,683,984
24$6,823,672$2,480,716$476,975$3,865,981
25$7,164,856$2,606,954$500,823$4,057,078
26$7,523,098$2,739,504$525,865$4,257,730
27$7,899,253$2,878,681$552,158$4,468,415
28$8,294,216$3,024,817$579,766$4,689,633
29$8,708,927$3,178,260$608,754$4,921,913
30$9,144,373$3,339,375$639,192$5,165,806
Total$147,600,000$53,290,716$10,317,241$83,992,041

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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.