USA Mega

Mississippi Powerball Jackpot Annuity Payout Schedule for Mar 5, 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 $294,900,000 for a ticket purchased in Mississippi, 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:

Mississippi

Drawing Date:Wed, Mar 5, 2025
Jackpot:$294,900,000
Federal Tax:37% marginal rate
State Tax: 4%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$4,438,668$1,598,264$177,547$2,662,857
2$4,660,602$1,680,380$186,424$2,793,798
3$4,893,632$1,766,601$195,745$2,931,285
4$5,138,313$1,857,133$205,533$3,075,648
5$5,395,229$1,952,192$215,809$3,227,228
6$5,664,990$2,052,004$226,600$3,386,387
7$5,948,240$2,156,806$237,930$3,553,504
8$6,245,652$2,266,848$249,826$3,728,977
9$6,557,935$2,382,393$262,317$3,913,224
10$6,885,831$2,503,715$275,433$4,106,683
11$7,230,123$2,631,103$289,205$4,309,815
12$7,591,629$2,764,860$303,665$4,523,104
13$7,971,210$2,905,305$318,848$4,747,057
14$8,369,771$3,052,773$334,791$4,982,208
15$8,788,259$3,207,613$351,530$5,229,116
16$9,227,673$3,370,196$369,107$5,488,370
17$9,689,056$3,540,908$387,562$5,760,586
18$10,173,509$3,720,156$406,940$6,046,413
19$10,682,184$3,908,365$427,287$6,346,531
20$11,216,294$4,105,986$448,652$6,661,656
21$11,777,108$4,313,487$471,084$6,992,537
22$12,365,964$4,531,364$494,639$7,339,961
23$12,984,262$4,760,134$519,370$7,704,757
24$13,633,475$5,000,343$545,339$8,087,793
25$14,315,148$5,252,562$572,606$8,489,980
26$15,030,906$5,517,393$601,236$8,912,277
27$15,782,451$5,795,464$631,298$9,355,689
28$16,571,574$6,087,440$662,863$9,821,271
29$17,400,152$6,394,014$696,006$10,310,133
30$18,270,160$6,715,917$730,806$10,823,437
Total$294,900,001$107,791,719$11,795,998$175,312,282

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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.