USA Mega

Kentucky Powerball Jackpot Annuity Payout Schedule for Apr 25, 2026

Media: You may freely use any information on this page, but you must credit usamega.com.

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 $119,900,000 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:Sat, Apr 25, 2026
Jackpot:$119,900,000
Federal Tax:37% marginal rate
State Tax: 3.5%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$1,804,667$623,684$63,163$1,117,820
2$1,894,900$657,070$66,322$1,171,509
3$1,989,645$692,126$69,638$1,227,882
4$2,089,128$728,935$73,119$1,287,074
5$2,193,584$767,583$76,775$1,349,225
6$2,303,263$808,165$80,614$1,414,484
7$2,418,427$850,775$84,645$1,483,007
8$2,539,348$895,516$88,877$1,554,955
9$2,666,315$942,494$93,321$1,630,500
10$2,799,631$991,821$97,987$1,709,823
11$2,939,613$1,043,614$102,886$1,793,112
12$3,086,593$1,097,997$108,031$1,880,566
13$3,240,923$1,155,099$113,432$1,972,392
14$3,402,969$1,215,056$119,104$2,068,809
15$3,573,117$1,278,011$125,059$2,170,048
16$3,751,773$1,344,113$131,312$2,276,348
17$3,939,362$1,413,521$137,878$2,387,963
18$4,136,330$1,486,399$144,772$2,505,159
19$4,343,146$1,562,921$152,010$2,628,215
20$4,560,304$1,643,270$159,611$2,757,424
21$4,788,319$1,727,635$167,591$2,893,093
22$5,027,735$1,816,219$175,971$3,035,545
23$5,279,122$1,909,232$184,769$3,185,120
24$5,543,078$2,006,896$194,008$3,342,174
25$5,820,232$2,109,443$203,708$3,507,081
26$6,111,243$2,217,117$213,894$3,680,233
27$6,416,805$2,330,175$224,588$3,862,042
28$6,737,646$2,448,886$235,818$4,052,942
29$7,074,528$2,573,533$247,608$4,253,387
30$7,428,254$2,704,411$259,989$4,463,854
Total$119,900,000$43,041,717$4,196,500$72,661,786

◄ Back to Jackpot Analysis

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.