USA Mega

Ohio Powerball Jackpot Annuity Payout Schedule for Jun 24, 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 $327,400,000 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, Jun 24, 2026
Jackpot:$327,400,000
Federal Tax:37% marginal rate
State Tax: 2.75%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$4,927,840$1,779,258$135,516$3,013,066
2$5,174,232$1,870,423$142,291$3,161,517
3$5,432,943$1,966,146$149,406$3,317,391
4$5,704,591$2,066,656$156,876$3,481,059
5$5,989,820$2,172,191$164,720$3,652,909
6$6,289,311$2,283,002$172,956$3,833,353
7$6,603,777$2,399,355$181,604$4,022,818
8$6,933,966$2,521,525$190,684$4,221,757
9$7,280,664$2,649,803$200,218$4,430,643
10$7,644,697$2,784,495$210,229$4,649,973
11$8,026,932$2,925,922$220,741$4,880,269
12$8,428,278$3,074,420$231,778$5,122,081
13$8,849,692$3,230,343$243,367$5,375,982
14$9,292,177$3,394,063$255,535$5,642,579
15$9,756,786$3,565,968$268,312$5,922,506
16$10,244,625$3,746,469$281,727$6,216,429
17$10,756,856$3,935,994$295,814$6,525,049
18$11,294,699$4,134,996$310,604$6,849,099
19$11,859,434$4,343,948$326,134$7,189,352
20$12,452,406$4,563,347$342,441$7,546,617
21$13,075,026$4,793,717$359,563$7,921,746
22$13,728,777$5,035,605$377,541$8,315,631
23$14,415,216$5,289,587$396,418$8,729,211
24$15,135,977$5,556,269$416,239$9,163,469
25$15,892,776$5,836,284$437,051$9,619,440
26$16,687,415$6,130,301$458,904$10,098,210
27$17,521,786$6,439,018$481,849$10,600,919
28$18,397,875$6,763,171$505,942$11,128,762
29$19,317,768$7,103,532$531,239$11,682,998
30$20,283,657$7,460,910$557,801$12,264,946
Total$327,400,001$119,816,718$9,003,500$198,579,781

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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.