USA Mega

Ohio Powerball Jackpot Annuity Payout Schedule for Jan 19, 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 $192,500,000 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 19, 2026
Jackpot:$192,500,000
Federal Tax:37% marginal rate
State Tax: 2.75%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$2,897,401$1,027,996$79,679$1,789,727
2$3,042,271$1,081,598$83,662$1,877,011
3$3,194,385$1,137,880$87,846$1,968,660
4$3,354,104$1,196,976$92,238$2,064,891
5$3,521,809$1,259,027$96,850$2,165,933
6$3,697,900$1,324,180$101,692$2,272,027
7$3,882,795$1,392,591$106,777$2,383,427
8$4,076,935$1,464,423$112,116$2,500,396
9$4,280,781$1,539,846$117,721$2,623,213
10$4,494,820$1,619,041$123,608$2,752,172
11$4,719,561$1,702,195$129,788$2,887,578
12$4,955,539$1,789,507$136,277$3,029,755
13$5,203,316$1,881,184$143,091$3,179,041
14$5,463,482$1,977,446$150,246$3,335,791
15$5,736,656$2,078,520$157,758$3,500,378
16$6,023,489$2,184,648$165,646$3,673,195
17$6,324,664$2,296,083$173,928$3,854,653
18$6,640,897$2,413,089$182,625$4,045,183
19$6,972,942$2,535,946$191,756$4,245,240
20$7,321,589$2,664,945$201,344$4,455,300
21$7,687,668$2,800,394$211,411$4,675,863
22$8,072,051$2,942,616$221,981$4,907,454
23$8,475,654$3,091,949$233,080$5,150,624
24$8,899,437$3,248,749$244,735$5,405,953
25$9,344,409$3,413,388$256,971$5,674,049
26$9,811,629$3,586,260$269,820$5,955,549
27$10,302,211$3,767,775$283,311$6,251,125
28$10,817,321$3,958,366$297,476$6,561,479
29$11,358,187$4,158,486$312,350$6,887,350
30$11,926,096$4,368,613$327,968$7,229,516
Total$192,500,000$69,903,717$5,293,751$117,302,533

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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.