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Kentucky Powerball Jackpot Annuity Payout Schedule for Mar 23, 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 $134,500,000 for a ticket purchased in Kentucky, 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:

Kentucky

Drawing Date:Mon, Mar 23, 2026
Jackpot:$134,500,000
Federal Tax:37% marginal rate
State Tax: 3.5%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$2,024,418$704,992$70,855$1,248,571
2$2,125,639$742,444$74,397$1,308,798
3$2,231,921$781,768$78,117$1,372,036
4$2,343,517$823,059$82,023$1,438,435
5$2,460,693$866,414$86,124$1,508,155
6$2,583,727$911,936$90,430$1,581,361
7$2,712,914$959,735$94,952$1,658,226
8$2,848,559$1,009,924$99,700$1,738,936
9$2,990,987$1,062,623$104,685$1,823,680
10$3,140,537$1,117,956$109,919$1,912,662
11$3,297,564$1,176,056$115,415$2,006,093
12$3,462,442$1,237,061$121,185$2,104,196
13$3,635,564$1,301,116$127,245$2,207,203
14$3,817,342$1,368,374$133,607$2,315,361
15$4,008,209$1,438,995$140,287$2,428,927
16$4,208,620$1,513,147$147,302$2,548,171
17$4,419,051$1,591,006$154,667$2,673,378
18$4,640,003$1,672,758$162,400$2,804,845
19$4,872,003$1,758,598$170,520$2,942,885
20$5,115,604$1,848,731$179,046$3,087,827
21$5,371,384$1,943,369$187,998$3,240,016
22$5,639,953$2,042,740$197,398$3,399,815
23$5,921,951$2,147,079$207,268$3,567,603
24$6,218,048$2,256,635$217,632$3,743,781
25$6,528,950$2,371,669$228,513$3,928,768
26$6,855,398$2,492,455$239,939$4,123,005
27$7,198,168$2,619,279$251,936$4,326,953
28$7,558,076$2,752,445$264,533$4,541,098
29$7,935,980$2,892,270$277,759$4,765,951
30$8,332,779$3,039,086$291,647$5,002,046
Total$134,500,000$48,443,720$4,707,499$81,348,782

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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.