USA Mega

Ohio Powerball Jackpot Annuity Payout Schedule for Aug 11, 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 $502,800,000 for a ticket purchased in Ohio, 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:

Ohio

Drawing Date:Mon, Aug 11, 2025
Jackpot:$502,800,000
Federal Tax:37% marginal rate
State Tax: 2.75%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$7,567,862$2,756,066$208,116$4,603,679
2$7,946,255$2,896,071$218,522$4,831,661
3$8,343,567$3,043,077$229,448$5,071,042
4$8,760,746$3,197,433$240,921$5,322,392
5$9,198,783$3,359,507$252,967$5,586,309
6$9,658,722$3,529,684$265,615$5,863,423
7$10,141,659$3,708,371$278,896$6,154,392
8$10,648,741$3,895,992$292,840$6,459,909
9$11,181,178$4,092,993$307,482$6,780,703
10$11,740,237$4,299,845$322,857$7,117,536
11$12,327,249$4,517,039$338,999$7,471,210
12$12,943,612$4,745,094$355,949$7,842,569
13$13,590,792$4,984,550$373,747$8,232,495
14$14,270,332$5,235,980$392,434$8,641,918
15$14,983,848$5,499,981$412,056$9,071,811
16$15,733,041$5,777,182$432,659$9,523,200
17$16,519,693$6,068,244$454,292$9,997,158
18$17,345,677$6,373,858$477,006$10,494,813
19$18,212,961$6,694,753$500,856$11,017,352
20$19,123,609$7,031,693$525,899$11,566,017
21$20,079,790$7,385,479$552,194$12,142,116
22$21,083,779$7,756,956$579,804$12,747,020
23$22,137,968$8,147,005$608,794$13,382,169
24$23,244,866$8,556,558$639,234$14,049,075
25$24,407,110$8,986,588$671,196$14,749,326
26$25,627,466$9,438,120$704,755$15,484,591
27$26,908,839$9,912,228$739,993$16,256,618
28$28,254,280$10,410,041$776,993$17,067,247
29$29,666,994$10,932,745$815,842$17,918,407
30$31,150,344$11,481,585$856,634$18,812,125
Total$502,800,001$184,714,718$13,827,000$304,258,283

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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.