USA Mega

Massachusetts Powerball Jackpot Annuity Payout Schedule for May 16, 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 $89,400,000 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, May 16, 2026
Jackpot:$89,400,000
Federal Tax:37% marginal rate
State Tax: 9%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$1,345,598$453,829$121,104$770,666
2$1,412,878$478,722$127,159$806,997
3$1,483,522$504,860$133,517$845,145
4$1,557,698$532,306$140,193$885,200
5$1,635,583$561,123$147,202$927,258
6$1,717,362$591,381$154,563$971,418
7$1,803,230$623,153$162,291$1,017,787
8$1,893,392$656,512$170,405$1,066,474
9$1,988,062$691,540$178,926$1,117,596
10$2,087,465$728,319$187,872$1,171,274
11$2,191,838$766,937$197,265$1,227,635
12$2,301,430$807,486$207,129$1,286,815
13$2,416,501$850,063$217,485$1,348,953
14$2,537,326$894,768$228,359$1,414,199
15$2,664,193$941,709$239,777$1,482,707
16$2,797,402$990,996$251,766$1,554,640
17$2,937,272$1,042,748$264,355$1,630,170
18$3,084,136$1,097,088$277,572$1,709,476
19$3,238,343$1,154,144$291,451$1,792,748
20$3,400,260$1,214,053$306,023$1,880,183
21$3,570,273$1,276,958$321,325$1,971,990
22$3,748,787$1,343,008$337,391$2,068,387
23$3,936,226$1,412,361$354,260$2,169,605
24$4,133,037$1,485,181$371,973$2,275,883
25$4,339,689$1,561,642$390,572$2,387,475
26$4,556,673$1,641,926$410,101$2,504,646
27$4,784,507$1,726,225$430,606$2,627,677
28$5,023,732$1,814,738$452,136$2,756,858
29$5,274,919$1,907,677$474,743$2,892,499
30$5,538,665$2,005,263$498,480$3,034,922
Total$89,400,000$31,756,716$8,046,001$49,597,283

◄ 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.