USA Mega

Georgia Powerball Jackpot Annuity Payout Schedule for Jul 16, 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 $266,400,000 for a ticket purchased in Georgia, 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:

Georgia

Drawing Date:Wed, Jul 16, 2025
Jackpot:$266,400,000
Federal Tax:37% marginal rate
State Tax: 4.99%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$4,009,702$1,439,547$200,084$2,370,071
2$4,210,187$1,513,727$210,088$2,486,372
3$4,420,697$1,591,615$220,593$2,608,489
4$4,641,732$1,673,398$231,622$2,736,711
5$4,873,818$1,759,270$243,204$2,871,345
6$5,117,509$1,849,436$255,364$3,012,710
7$5,373,385$1,944,110$268,132$3,161,143
8$5,642,054$2,043,517$281,538$3,316,998
9$5,924,157$2,147,895$295,615$3,480,646
10$6,220,364$2,257,492$310,396$3,652,476
11$6,531,383$2,372,569$325,916$3,832,898
12$6,857,952$2,493,399$342,212$4,022,341
13$7,200,849$2,620,271$359,322$4,221,255
14$7,560,892$2,753,487$377,289$4,430,116
15$7,938,936$2,893,364$396,153$4,649,420
16$8,335,883$3,040,234$415,961$4,879,689
17$8,752,677$3,194,448$436,759$5,121,471
18$9,190,311$3,356,372$458,597$5,375,342
19$9,649,827$3,526,393$481,526$5,641,907
20$10,132,318$3,704,915$505,603$5,921,800
21$10,638,934$3,892,363$530,883$6,215,688
22$11,170,881$4,089,183$557,427$6,524,271
23$11,729,425$4,295,844$585,298$6,848,282
24$12,315,896$4,512,839$614,563$7,188,494
25$12,931,691$4,740,683$645,291$7,545,716
26$13,578,275$4,979,919$677,556$7,920,800
27$14,257,189$5,231,117$711,434$8,314,638
28$14,970,048$5,494,875$747,005$8,728,168
29$15,718,551$5,771,821$784,356$9,162,374
30$16,504,478$6,062,614$823,573$9,618,291
Total$266,400,001$97,246,717$13,293,360$155,859,922

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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.