USA Mega

Ohio Powerball Jackpot Annuity Payout Schedule for Jun 8, 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 $225,400,000 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:Mon, Jun 8, 2026
Jackpot:$225,400,000
Federal Tax:37% marginal rate
State Tax: 2.75%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$3,392,593$1,211,217$93,296$2,088,080
2$3,562,223$1,273,980$97,961$2,190,282
3$3,740,334$1,339,881$102,859$2,297,594
4$3,927,351$1,409,077$108,002$2,410,272
5$4,123,718$1,481,733$113,402$2,528,583
6$4,329,904$1,558,022$119,072$2,652,810
7$4,546,400$1,638,125$125,026$2,783,249
8$4,773,720$1,722,234$131,277$2,920,209
9$5,012,406$1,810,547$137,841$3,064,017
10$5,263,026$1,903,277$144,733$3,215,016
11$5,526,177$2,000,643$151,970$3,373,565
12$5,802,486$2,102,877$159,568$3,540,041
13$6,092,610$2,210,223$167,547$3,714,841
14$6,397,241$2,322,936$175,924$3,898,380
15$6,717,103$2,441,285$184,720$4,091,097
16$7,052,958$2,565,552$193,956$4,293,450
17$7,405,606$2,696,031$203,654$4,505,920
18$7,775,886$2,833,035$213,837$4,729,014
19$8,164,681$2,976,889$224,529$4,963,263
20$8,572,915$3,127,936$235,755$5,209,224
21$9,001,560$3,286,535$247,543$5,467,483
22$9,451,638$3,453,063$259,920$5,738,655
23$9,924,220$3,627,919$272,916$6,023,386
24$10,420,431$3,811,517$286,562$6,322,353
25$10,941,453$4,004,295$300,890$6,636,268
26$11,488,526$4,206,712$315,934$6,965,880
27$12,062,952$4,419,249$331,731$7,311,971
28$12,666,099$4,642,414$348,318$7,675,368
29$13,299,404$4,876,737$365,734$8,056,934
30$13,964,375$5,122,776$384,020$8,457,579
Total$225,400,000$82,076,717$6,198,497$137,124,784

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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.