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Massachusetts Powerball Jackpot Annuity Payout Schedule for Mar 26, 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 $483,100,000 for a ticket purchased in Massachusetts, 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:

Massachusetts

Drawing Date:Wed, Mar 26, 2025
Jackpot:$483,100,000
Federal Tax:37% marginal rate
State Tax: 9%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$7,271,348$2,646,356$654,421$3,970,571
2$7,634,916$2,780,876$687,142$4,166,897
3$8,016,661$2,922,122$721,500$4,373,040
4$8,417,495$3,070,430$757,575$4,589,490
5$8,838,369$3,226,154$795,453$4,816,762
6$9,280,288$3,389,664$835,226$5,055,398
7$9,744,302$3,561,349$876,987$5,305,966
8$10,231,517$3,741,619$920,837$5,569,062
9$10,743,093$3,930,902$966,878$5,845,313
10$11,280,248$4,129,649$1,015,222$6,135,377
11$11,844,260$4,338,334$1,065,983$6,439,943
12$12,436,473$4,557,452$1,119,283$6,759,738
13$13,058,297$4,787,527$1,175,247$7,095,523
14$13,711,212$5,029,106$1,234,009$7,448,097
15$14,396,772$5,282,763$1,295,710$7,818,300
16$15,116,611$5,549,103$1,360,495$8,207,013
17$15,872,441$5,828,761$1,428,520$8,615,161
18$16,666,064$6,122,401$1,499,946$9,043,717
19$17,499,367$6,430,723$1,574,943$9,493,701
20$18,374,335$6,754,461$1,653,690$9,966,184
21$19,293,052$7,094,386$1,736,375$10,462,291
22$20,257,704$7,451,308$1,823,193$10,983,203
23$21,270,590$7,826,075$1,914,353$11,530,161
24$22,334,119$8,219,581$2,010,071$12,104,467
25$23,450,825$8,632,762$2,110,574$12,707,488
26$24,623,366$9,066,603$2,216,103$13,340,661
27$25,854,535$9,522,135$2,326,908$14,005,491
28$27,147,261$10,000,444$2,443,253$14,703,564
29$28,504,624$10,502,668$2,565,416$15,436,540
30$29,929,856$11,030,004$2,693,687$16,206,165
Total$483,100,001$177,425,718$43,479,000$262,195,284

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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.