USA Mega

Ohio Powerball Jackpot Annuity Payout Schedule for Jan 12, 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 $140,900,000 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, Jan 12, 2026
Jackpot:$140,900,000
Federal Tax:37% marginal rate
State Tax: 2.75%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$2,120,747$740,634$58,321$1,321,793
2$2,226,785$779,868$61,237$1,385,680
3$2,338,124$821,063$64,298$1,452,762
4$2,455,030$864,318$67,513$1,523,198
5$2,577,781$909,736$70,889$1,597,156
6$2,706,671$957,425$74,433$1,674,812
7$2,842,004$1,007,499$78,155$1,756,350
8$2,984,104$1,060,076$82,063$1,841,966
9$3,133,310$1,115,282$86,166$1,931,862
10$3,289,975$1,173,248$90,474$2,026,253
11$3,454,474$1,234,113$94,998$2,125,363
12$3,627,197$1,298,020$99,748$2,229,429
13$3,808,557$1,365,123$104,735$2,338,699
14$3,998,985$1,435,582$109,972$2,453,431
15$4,198,934$1,509,563$115,471$2,573,901
16$4,408,881$1,587,243$121,244$2,700,394
17$4,629,325$1,668,808$127,306$2,833,211
18$4,860,791$1,754,450$133,672$2,972,670
19$5,103,831$1,844,375$140,355$3,119,101
20$5,359,023$1,938,796$147,373$3,272,854
21$5,626,974$2,037,938$154,742$3,434,294
22$5,908,322$2,142,037$162,479$3,603,807
23$6,203,739$2,251,341$170,603$3,781,795
24$6,513,925$2,366,110$179,133$3,968,683
25$6,839,622$2,486,617$188,090$4,164,915
26$7,181,603$2,613,150$197,494$4,370,958
27$7,540,683$2,746,010$207,369$4,587,304
28$7,917,717$2,885,513$217,737$4,814,467
29$8,313,603$3,031,990$228,624$5,052,988
30$8,729,283$3,185,792$240,055$5,303,436
Total$140,900,000$50,811,720$3,874,749$86,213,532

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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.