USA Mega

Ohio Powerball Jackpot Annuity Payout Schedule for Sep 22, 2025

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 $113,700,000 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, Sep 22, 2025
Jackpot:$113,700,000
Federal Tax:37% marginal rate
State Tax: 2.75%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$1,711,348$589,156$47,062$1,075,130
2$1,796,916$620,816$49,415$1,126,684
3$1,886,761$654,059$51,886$1,180,816
4$1,981,099$688,964$54,480$1,237,655
5$2,080,154$725,614$57,204$1,297,336
6$2,184,162$764,097$60,064$1,360,000
7$2,293,370$804,504$63,068$1,425,798
8$2,408,039$846,932$66,221$1,494,886
9$2,528,441$891,480$69,532$1,567,428
10$2,654,863$938,256$73,009$1,643,598
11$2,787,606$987,371$76,659$1,723,575
12$2,926,986$1,038,942$80,492$1,807,552
13$3,073,335$1,093,091$84,517$1,895,727
14$3,227,002$1,149,948$88,743$1,988,312
15$3,388,352$1,209,648$93,180$2,085,525
16$3,557,770$1,272,332$97,839$2,187,599
17$3,735,658$1,338,151$102,731$2,294,777
18$3,922,441$1,407,261$107,867$2,407,314
19$4,118,563$1,479,826$113,260$2,525,477
20$4,324,492$1,556,019$118,924$2,649,549
21$4,540,716$1,636,022$124,870$2,779,824
22$4,767,752$1,720,025$131,113$2,916,613
23$5,006,140$1,808,229$137,669$3,060,242
24$5,256,447$1,900,842$144,552$3,211,052
25$5,519,269$1,998,087$151,780$3,369,402
26$5,795,232$2,100,193$159,369$3,535,670
27$6,084,994$2,207,405$167,337$3,710,252
28$6,389,244$2,319,977$175,704$3,893,562
29$6,708,706$2,438,178$184,489$4,086,038
30$7,044,141$2,562,289$193,714$4,288,138
Total$113,700,000$40,747,714$3,126,750$69,825,531

◄ 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.