USA Mega

Ohio Powerball Jackpot Annuity Payout Schedule for Mar 2, 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 $250,800,000 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, Mar 2, 2026
Jackpot:$250,800,000
Federal Tax:37% marginal rate
State Tax: 2.75%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$3,774,900$1,352,670$103,810$2,318,420
2$3,963,645$1,422,506$109,000$2,432,139
3$4,161,827$1,495,833$114,450$2,551,544
4$4,369,919$1,572,827$120,173$2,676,919
5$4,588,414$1,653,671$126,181$2,808,562
6$4,817,835$1,738,556$132,490$2,946,788
7$5,058,727$1,827,686$139,115$3,091,926
8$5,311,663$1,921,273$146,071$3,244,320
9$5,577,247$2,019,538$153,374$3,404,334
10$5,856,109$2,122,717$161,043$3,572,348
11$6,148,914$2,231,056$169,095$3,748,764
12$6,456,360$2,344,810$177,550$3,934,000
13$6,779,178$2,464,253$186,427$4,128,497
14$7,118,137$2,589,668$195,749$4,332,720
15$7,474,044$2,721,353$205,536$4,547,154
16$7,847,746$2,859,623$215,813$4,772,310
17$8,240,133$3,004,806$226,604$5,008,723
18$8,652,140$3,157,249$237,934$5,256,957
19$9,084,747$3,317,314$249,831$5,517,603
20$9,538,984$3,485,381$262,322$5,791,281
21$10,015,933$3,661,853$275,438$6,078,643
22$10,516,730$3,847,147$289,210$6,380,373
23$11,042,566$4,041,707$303,671$6,697,189
24$11,594,695$4,245,994$318,854$7,029,846
25$12,174,429$4,460,496$334,797$7,379,136
26$12,783,151$4,685,723$351,537$7,745,891
27$13,422,309$4,922,211$369,113$8,130,984
28$14,093,424$5,170,524$387,569$8,535,331
29$14,798,095$5,431,252$406,948$8,959,895
30$15,538,000$5,705,017$427,295$9,405,688
Total$250,800,001$91,474,714$6,897,000$152,428,285

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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.