USA Mega

Kentucky Powerball Jackpot Annuity Payout Schedule for May 9, 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 $47,500,000 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:Sat, May 9, 2026
Jackpot:$47,500,000
Federal Tax:37% marginal rate
State Tax: 3.5%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$714,943$220,486$25,023$469,434
2$750,690$233,713$26,274$490,703
3$788,225$247,600$27,588$513,037
4$827,636$262,183$28,967$536,486
5$869,018$277,494$30,416$561,108
6$912,469$293,571$31,936$586,962
7$958,092$310,451$33,533$614,108
8$1,005,997$328,176$35,210$642,611
9$1,056,297$346,787$36,970$672,539
10$1,109,112$366,329$38,819$703,964
11$1,164,567$386,847$40,760$736,960
12$1,222,795$408,392$42,798$771,606
13$1,283,935$431,013$44,938$807,984
14$1,348,132$454,766$47,185$846,181
15$1,415,539$479,707$49,544$886,288
16$1,486,316$505,894$52,021$928,400
17$1,560,631$533,391$54,622$972,618
18$1,638,663$562,262$57,353$1,019,047
19$1,720,596$592,578$60,221$1,067,797
20$1,806,626$624,409$63,232$1,118,985
21$1,896,957$657,831$66,393$1,172,732
22$1,991,805$692,925$69,713$1,229,167
23$2,091,395$729,773$73,199$1,288,423
24$2,195,965$768,464$76,859$1,350,642
25$2,305,763$809,090$80,702$1,415,972
26$2,421,051$851,746$84,737$1,484,568
27$2,542,104$896,536$88,974$1,556,595
28$2,669,209$943,565$93,422$1,632,222
29$2,802,670$992,945$98,093$1,711,631
30$2,942,803$1,044,794$102,998$1,795,011
Total$47,500,000$16,253,718$1,662,500$29,583,781

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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.