USA Mega

Ohio Powerball Jackpot Annuity Payout Schedule for Apr 29, 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 $143,400,000 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:Wed, Apr 29, 2026
Jackpot:$143,400,000
Federal Tax:37% marginal rate
State Tax: 2.75%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$2,158,376$754,556$59,355$1,344,464
2$2,266,295$794,486$62,323$1,409,485
3$2,379,609$836,413$65,439$1,477,757
4$2,498,590$880,435$68,711$1,549,443
5$2,623,519$926,659$72,147$1,624,713
6$2,754,695$975,194$75,754$1,703,747
7$2,892,430$1,026,156$79,542$1,786,732
8$3,037,052$1,079,666$83,519$1,873,866
9$3,188,904$1,135,852$87,695$1,965,357
10$3,348,349$1,194,846$92,080$2,061,423
11$3,515,767$1,256,791$96,684$2,162,292
12$3,691,555$1,321,833$101,518$2,268,205
13$3,876,133$1,390,126$106,594$2,379,413
14$4,069,940$1,461,835$111,923$2,496,181
15$4,273,436$1,537,129$117,520$2,618,788
16$4,487,108$1,616,187$123,395$2,747,526
17$4,711,464$1,699,199$129,565$2,882,700
18$4,947,037$1,786,361$136,044$3,024,632
19$5,194,389$1,877,881$142,846$3,173,662
20$5,454,108$1,973,977$149,988$3,330,143
21$5,726,814$2,074,878$157,487$3,494,448
22$6,013,154$2,180,824$165,362$3,666,968
23$6,313,812$2,292,068$173,630$3,848,114
24$6,629,502$2,408,873$182,311$4,038,318
25$6,960,978$2,531,519$191,427$4,238,032
26$7,309,027$2,660,297$200,998$4,447,731
27$7,674,478$2,795,514$211,048$4,667,916
28$8,058,202$2,937,492$221,601$4,899,109
29$8,461,112$3,086,569$232,681$5,141,863
30$8,884,167$3,243,099$244,315$5,396,754
Total$143,400,000$51,736,715$3,943,502$87,719,782

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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.