USA Mega

Montana Powerball Jackpot Annuity Payout Schedule for May 20, 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 $114,700,000 for a ticket purchased in Montana, 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:

Montana

Drawing Date:Wed, May 20, 2026
Jackpot:$114,700,000
Federal Tax:37% marginal rate
State Tax: 5.65%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$1,726,400$594,725$97,542$1,034,133
2$1,812,720$626,664$102,419$1,083,637
3$1,903,356$660,199$107,540$1,135,617
4$1,998,523$695,411$112,917$1,190,196
5$2,098,449$732,384$118,562$1,247,504
6$2,203,372$771,205$124,491$1,307,677
7$2,313,541$811,967$130,715$1,370,858
8$2,429,218$854,768$137,251$1,437,199
9$2,550,679$899,708$144,113$1,506,857
10$2,678,212$946,896$151,319$1,579,998
11$2,812,123$996,443$158,885$1,656,795
12$2,952,729$1,048,467$166,829$1,737,433
13$3,100,366$1,103,093$175,171$1,822,102
14$3,255,384$1,160,449$183,929$1,911,005
15$3,418,153$1,220,674$193,126$2,004,354
16$3,589,061$1,283,910$202,782$2,102,369
17$3,768,514$1,350,307$212,921$2,205,285
18$3,956,940$1,420,025$223,567$2,313,348
19$4,154,786$1,493,228$234,745$2,426,813
20$4,362,526$1,570,092$246,483$2,545,951
21$4,580,652$1,650,799$258,807$2,671,047
22$4,809,685$1,735,541$271,747$2,802,397
23$5,050,169$1,824,520$285,335$2,940,315
24$5,302,677$1,917,948$299,601$3,085,128
25$5,567,811$2,016,047$314,581$3,237,182
26$5,846,202$2,119,052$330,310$3,396,840
27$6,138,512$2,227,207$346,826$3,564,479
28$6,445,437$2,340,769$364,167$3,740,501
29$6,767,709$2,460,010$382,376$3,925,324
30$7,106,095$2,585,212$401,494$4,119,388
Total$114,700,000$41,117,720$6,480,551$67,101,732

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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.