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Ohio Powerball Jackpot Annuity Payout Schedule for Oct 10, 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 $519,200,000 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:Sat, Oct 10, 2026
Jackpot:$519,200,000
Federal Tax:37% marginal rate
State Tax: 2.75%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$7,814,705$2,847,398$214,904$4,752,403
2$8,205,440$2,991,970$225,650$4,987,821
3$8,615,712$3,143,771$236,932$5,235,009
4$9,046,498$3,303,162$248,779$5,494,558
5$9,498,823$3,470,522$261,218$5,767,083
6$9,973,764$3,646,250$274,279$6,053,236
7$10,472,452$3,830,765$287,992$6,353,695
8$10,996,075$4,024,505$302,392$6,669,178
9$11,545,879$4,227,932$317,512$7,000,435
10$12,123,173$4,441,531$333,387$7,348,254
11$12,729,331$4,665,810$350,057$7,713,465
12$13,365,798$4,901,302$367,559$8,096,936
13$14,034,088$5,148,570$385,937$8,499,581
14$14,735,792$5,408,200$405,234$8,922,358
15$15,472,582$5,680,812$425,496$9,366,273
16$16,246,211$5,967,055$446,771$9,832,385
17$17,058,521$6,267,610$469,109$10,321,802
18$17,911,447$6,583,193$492,565$10,835,690
19$18,807,020$6,914,554$517,193$11,375,272
20$19,747,371$7,262,484$543,053$11,941,834
21$20,734,739$7,627,811$570,205$12,536,723
22$21,771,476$8,011,403$598,716$13,161,357
23$22,860,050$8,414,176$628,651$13,817,223
24$24,003,052$8,837,087$660,084$14,505,882
25$25,203,205$9,281,143$693,088$15,228,974
26$26,463,365$9,747,402$727,743$15,988,220
27$27,786,534$10,236,975$764,130$16,785,429
28$29,175,860$10,751,025$802,336$17,622,498
29$30,634,653$11,290,779$842,453$18,501,421
30$32,166,386$11,857,520$884,576$19,424,290
Total$519,200,001$190,782,717$14,278,001$314,139,285

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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.