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Indiana Powerball Jackpot Annuity Payout Schedule for Dec 10, 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 $935,500,000 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:Wed, Dec 10, 2025
Jackpot:$935,500,000
Federal Tax:37% marginal rate
State Tax: 2.95%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$14,080,617$5,165,786$415,378$8,499,454
2$14,784,649$5,426,277$436,147$8,922,224
3$15,523,881$5,699,793$457,954$9,366,133
4$16,300,075$5,986,985$480,852$9,832,238
5$17,115,078$6,288,536$504,895$10,321,647
6$17,970,832$6,605,165$530,140$10,835,528
7$18,869,375$6,937,626$556,647$11,375,102
8$19,812,843$7,286,709$584,479$11,941,655
9$20,803,485$7,653,247$613,703$12,536,536
10$21,843,659$8,038,111$644,388$13,161,160
11$22,935,842$8,442,219$676,607$13,817,016
12$24,082,635$8,866,532$710,438$14,505,665
13$25,286,766$9,312,061$745,960$15,228,746
14$26,551,105$9,779,866$783,258$15,987,981
15$27,878,660$10,271,061$822,420$16,785,178
16$29,272,593$10,786,817$863,541$17,622,235
17$30,736,222$11,328,359$906,719$18,501,144
18$32,273,033$11,896,980$952,054$19,423,999
19$33,886,685$12,494,031$999,657$20,392,997
20$35,581,019$13,120,934$1,049,640$21,410,445
21$37,360,070$13,779,183$1,102,122$22,478,765
22$39,228,074$14,470,344$1,157,228$23,600,501
23$41,189,478$15,196,064$1,215,090$24,778,324
24$43,248,951$15,958,069$1,275,844$26,015,038
25$45,411,398$16,758,175$1,339,636$27,313,587
26$47,681,969$17,598,286$1,406,618$28,677,065
27$50,066,067$18,480,402$1,476,949$30,108,716
28$52,569,370$19,406,624$1,550,796$31,611,949
29$55,197,839$20,379,158$1,628,336$33,190,345
30$57,957,731$21,400,318$1,709,753$34,847,660
Total$935,500,002$344,813,718$27,597,249$563,089,033

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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.