USA Mega

Illinois Powerball Jackpot Annuity Payout Schedule for Apr 18, 2026

Media: You may freely use any information on this page, but you must credit usamega.com.

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 $75,800,000 for a ticket purchased in Illinois, 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:

Illinois

Drawing Date:Sat, Apr 18, 2026
Jackpot:$75,800,000
Federal Tax:37% marginal rate
State Tax: 4.95%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$1,140,899$378,090$56,474$706,334
2$1,197,944$399,196$59,298$739,449
3$1,257,841$421,358$62,263$774,219
4$1,320,733$444,628$65,376$810,728
5$1,386,770$469,062$68,645$849,062
6$1,456,108$494,717$72,077$889,313
7$1,528,914$521,655$75,681$931,577
8$1,605,359$549,940$79,465$975,954
9$1,685,627$579,639$83,439$1,022,549
10$1,769,908$610,823$87,610$1,071,475
11$1,858,404$643,567$91,991$1,122,846
12$1,951,324$677,947$96,591$1,176,786
13$2,048,890$714,047$101,420$1,233,424
14$2,151,335$751,951$106,491$1,292,893
15$2,258,902$791,751$111,816$1,355,335
16$2,371,847$833,541$117,406$1,420,900
17$2,490,439$877,420$123,277$1,489,743
18$2,614,961$923,493$129,441$1,562,028
19$2,745,709$971,870$135,913$1,637,927
20$2,882,994$1,022,665$142,708$1,717,621
21$3,027,144$1,076,001$149,844$1,801,300
22$3,178,501$1,132,003$157,336$1,889,163
23$3,337,426$1,190,805$165,203$1,981,419
24$3,504,298$1,252,547$173,463$2,078,288
25$3,679,513$1,317,377$182,136$2,180,000
26$3,863,488$1,385,448$191,243$2,286,798
27$4,056,663$1,456,922$200,805$2,398,935
28$4,259,496$1,531,971$210,845$2,516,680
29$4,472,471$1,610,771$221,387$2,640,312
30$4,696,094$1,693,512$232,457$2,770,125
Total$75,800,000$26,724,717$3,752,101$45,323,183

◄ Back to Jackpot Analysis

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.