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Indiana Powerball Jackpot Annuity Payout Schedule for Nov 1, 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 $404,400,000 for a ticket purchased in Indiana, 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:

Indiana

Drawing Date:Sat, Nov 1, 2025
Jackpot:$404,400,000
Federal Tax:37% marginal rate
State Tax: 2.95%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$6,086,800$2,208,073$179,561$3,699,166
2$6,391,140$2,320,679$188,539$3,881,923
3$6,710,697$2,438,915$197,966$4,073,816
4$7,046,232$2,563,063$207,864$4,275,305
5$7,398,544$2,693,418$218,257$4,486,868
6$7,768,471$2,830,292$229,170$4,709,010
7$8,156,895$2,974,008$240,628$4,942,258
8$8,564,739$3,124,911$252,660$5,187,169
9$8,992,976$3,283,359$265,293$5,444,325
10$9,442,625$3,449,729$278,557$5,714,339
11$9,914,756$3,624,417$292,485$5,997,854
12$10,410,494$3,807,840$307,110$6,295,545
13$10,931,019$4,000,434$322,465$6,608,120
14$11,477,570$4,202,658$338,588$6,936,324
15$12,051,448$4,414,993$355,518$7,280,937
16$12,654,021$4,637,945$373,294$7,642,782
17$13,286,722$4,872,044$391,958$8,022,719
18$13,951,058$5,117,849$411,556$8,421,653
19$14,648,611$5,375,943$432,134$8,840,533
20$15,381,041$5,646,943$453,741$9,280,358
21$16,150,093$5,931,492$476,428$9,742,174
22$16,957,598$6,230,269$500,249$10,227,080
23$17,805,478$6,543,984$525,262$10,736,232
24$18,695,752$6,873,385$551,525$11,270,842
25$19,630,539$7,219,257$579,101$11,832,182
26$20,612,067$7,582,422$608,056$12,421,589
27$21,642,670$7,963,745$638,459$13,040,466
28$22,724,803$8,364,134$670,382$13,690,287
29$23,861,043$8,784,543$703,901$14,372,599
30$25,054,096$9,225,973$739,096$15,089,027
Total$404,400,001$148,306,717$11,929,803$244,163,482

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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.