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Massachusetts Powerball Jackpot Annuity Payout Schedule for Mar 21, 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 $123,100,000 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:Sat, Mar 21, 2026
Jackpot:$123,100,000
Federal Tax:37% marginal rate
State Tax: 9%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$1,852,832$641,505$166,755$1,044,572
2$1,945,473$675,782$175,093$1,094,598
3$2,042,747$711,774$183,847$1,147,126
4$2,144,884$749,564$193,040$1,202,280
5$2,252,128$789,245$202,692$1,260,192
6$2,364,735$830,909$212,826$1,321,000
7$2,482,972$874,657$223,467$1,384,847
8$2,607,120$920,592$234,641$1,451,888
9$2,737,476$968,823$246,373$1,522,280
10$2,874,350$1,019,467$258,692$1,596,192
11$3,018,068$1,072,642$271,626$1,673,799
12$3,168,971$1,128,476$285,207$1,755,287
13$3,327,419$1,187,102$299,468$1,840,849
14$3,493,790$1,248,660$314,441$1,930,690
15$3,668,480$1,313,295$330,163$2,025,022
16$3,851,904$1,381,162$346,671$2,124,071
17$4,044,499$1,452,422$364,005$2,228,072
18$4,246,724$1,527,245$382,205$2,337,274
19$4,459,060$1,605,810$401,315$2,451,935
20$4,682,013$1,688,302$421,381$2,572,330
21$4,916,114$1,774,919$442,450$2,698,744
22$5,161,920$1,865,868$464,573$2,831,479
23$5,420,016$1,961,363$487,801$2,970,851
24$5,691,016$2,061,633$512,191$3,117,192
25$5,975,567$2,166,917$537,801$3,270,849
26$6,274,346$2,277,465$564,691$3,432,189
27$6,588,063$2,393,541$592,926$3,601,597
28$6,917,466$2,515,420$622,572$3,779,474
29$7,263,339$2,643,393$653,701$3,966,246
30$7,626,506$2,777,765$686,386$4,162,356
Total$123,100,000$44,225,718$11,079,000$67,795,281

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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.