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Indiana Powerball Jackpot Annuity Payout Schedule for Mar 2, 2026

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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 $250,800,000 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:Mon, Mar 2, 2026
Jackpot:$250,800,000
Federal Tax:37% marginal rate
State Tax: 2.95%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$3,774,900$1,352,670$111,360$2,310,870
2$3,963,645$1,422,506$116,928$2,424,212
3$4,161,827$1,495,833$122,774$2,543,220
4$4,369,919$1,572,827$128,913$2,668,179
5$4,588,414$1,653,671$135,358$2,799,386
6$4,817,835$1,738,556$142,126$2,937,153
7$5,058,727$1,827,686$149,232$3,081,808
8$5,311,663$1,921,273$156,694$3,233,697
9$5,577,247$2,019,538$164,529$3,393,179
10$5,856,109$2,122,717$172,755$3,560,636
11$6,148,914$2,231,056$181,393$3,736,466
12$6,456,360$2,344,810$190,463$3,921,087
13$6,779,178$2,464,253$199,986$4,114,939
14$7,118,137$2,589,668$209,985$4,318,484
15$7,474,044$2,721,353$220,484$4,532,206
16$7,847,746$2,859,623$231,509$4,756,614
17$8,240,133$3,004,806$243,084$4,992,243
18$8,652,140$3,157,249$255,238$5,239,653
19$9,084,747$3,317,314$268,000$5,499,433
20$9,538,984$3,485,381$281,400$5,772,203
21$10,015,933$3,661,853$295,470$6,058,611
22$10,516,730$3,847,147$310,244$6,359,339
23$11,042,566$4,041,707$325,756$6,675,104
24$11,594,695$4,245,994$342,043$7,006,657
25$12,174,429$4,460,496$359,146$7,354,788
26$12,783,151$4,685,723$377,103$7,720,325
27$13,422,309$4,922,211$395,958$8,104,139
28$14,093,424$5,170,524$415,756$8,507,144
29$14,798,095$5,431,252$436,544$8,930,299
30$15,538,000$5,705,017$458,371$9,374,612
Total$250,800,001$91,474,714$7,398,602$151,926,686

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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.