USA Mega

Ohio Powerball Jackpot Annuity Payout Schedule for Jun 27, 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 $346,400,000 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:Sat, Jun 27, 2026
Jackpot:$346,400,000
Federal Tax:37% marginal rate
State Tax: 2.75%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$5,213,817$1,885,070$143,380$3,185,368
2$5,474,508$1,981,525$150,549$3,342,434
3$5,748,233$2,082,804$158,076$3,507,353
4$6,035,645$2,189,146$165,980$3,680,519
5$6,337,427$2,300,805$174,279$3,862,343
6$6,654,299$2,418,048$182,993$4,053,258
7$6,987,014$2,541,152$192,143$4,253,719
8$7,336,364$2,670,412$201,750$4,464,202
9$7,703,183$2,806,135$211,838$4,685,210
10$8,088,342$2,948,644$222,429$4,917,269
11$8,492,759$3,098,278$233,551$5,160,930
12$8,917,397$3,255,394$245,228$5,416,774
13$9,363,266$3,420,366$257,490$5,685,411
14$9,831,430$3,593,586$270,364$5,967,479
15$10,323,001$3,775,468$283,883$6,263,651
16$10,839,151$3,966,443$298,077$6,574,632
17$11,381,109$4,166,968$312,980$6,901,161
18$11,950,164$4,377,518$328,630$7,244,017
19$12,547,672$4,598,596$345,061$7,604,015
20$13,175,056$4,830,728$362,314$7,982,014
21$13,833,809$5,074,467$380,430$8,378,913
22$14,525,499$5,330,392$399,451$8,795,656
23$15,251,774$5,599,114$419,424$9,233,237
24$16,014,363$5,881,272$440,395$9,692,696
25$16,815,081$6,177,537$462,415$10,175,129
26$17,655,835$6,488,616$485,535$10,681,684
27$18,538,627$6,815,249$509,812$11,213,566
28$19,465,558$7,158,214$535,303$11,772,042
29$20,438,836$7,518,327$562,068$12,358,442
30$21,460,778$7,896,445$590,171$12,974,162
Total$346,400,001$126,846,719$9,525,999$210,027,286

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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.