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Indiana Powerball Jackpot Annuity Payout Schedule for Jun 14, 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 $80,300,000 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, Jun 14, 2025
Jackpot:$80,300,000
Federal Tax:37% marginal rate
State Tax: 2.95%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$1,208,630$403,150$35,655$769,825
2$1,269,062$425,510$37,437$806,114
3$1,332,515$448,988$39,309$844,218
4$1,399,141$473,639$41,275$884,227
5$1,469,098$499,523$43,338$926,236
6$1,542,552$526,702$45,505$970,346
7$1,619,680$555,239$47,781$1,016,661
8$1,700,664$585,203$50,170$1,065,292
9$1,785,697$616,665$52,678$1,116,354
10$1,874,982$649,701$55,312$1,169,970
11$1,968,731$684,388$58,078$1,226,266
12$2,067,168$720,809$60,981$1,285,377
13$2,170,526$759,052$64,031$1,347,444
14$2,279,053$799,207$67,232$1,412,614
15$2,393,005$841,369$70,594$1,481,042
16$2,512,655$885,640$74,123$1,552,892
17$2,638,288$932,124$77,830$1,628,335
18$2,770,203$980,932$81,721$1,707,549
19$2,908,713$1,032,181$85,807$1,790,725
20$3,054,148$1,085,992$90,097$1,878,059
21$3,206,856$1,142,494$94,602$1,969,760
22$3,367,199$1,201,821$99,332$2,066,046
23$3,535,559$1,264,114$104,299$2,167,146
24$3,712,336$1,329,522$109,514$2,273,301
25$3,897,953$1,398,200$114,990$2,384,764
26$4,092,851$1,470,312$120,739$2,501,800
27$4,297,494$1,546,030$126,776$2,624,688
28$4,512,368$1,625,533$133,115$2,753,720
29$4,737,987$1,709,012$139,771$2,889,204
30$4,974,886$1,796,665$146,759$3,031,462
Total$80,300,000$28,389,717$2,368,851$49,541,437

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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.