USA Mega

Oklahoma Powerball Jackpot Annuity Payout Schedule for Feb 16, 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 $154,600,000 for a ticket purchased in Oklahoma, 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:

Oklahoma

Drawing Date:Mon, Feb 16, 2026
Jackpot:$154,600,000
Federal Tax:37% marginal rate
State Tax: 4.5%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$2,326,952$816,929$104,713$1,405,310
2$2,443,299$859,978$109,948$1,473,373
3$2,565,464$905,179$115,446$1,544,839
4$2,693,738$952,640$121,218$1,619,879
5$2,828,424$1,002,474$127,279$1,698,671
6$2,969,846$1,054,800$133,643$1,781,403
7$3,118,338$1,109,742$140,325$1,868,271
8$3,274,255$1,167,432$147,341$1,959,482
9$3,437,968$1,228,005$154,709$2,055,254
10$3,609,866$1,291,608$162,444$2,155,814
11$3,790,359$1,358,390$170,566$2,261,403
12$3,979,877$1,428,512$179,094$2,372,271
13$4,178,871$1,502,140$188,049$2,488,682
14$4,387,815$1,579,449$197,452$2,610,914
15$4,607,206$1,660,623$207,324$2,739,258
16$4,837,566$1,745,857$217,690$2,874,019
17$5,079,444$1,835,352$228,575$3,015,518
18$5,333,416$1,929,321$240,004$3,164,091
19$5,600,087$2,027,989$252,004$3,320,094
20$5,880,091$2,131,591$264,604$3,483,896
21$6,174,096$2,240,373$277,834$3,655,889
22$6,482,801$2,354,594$291,726$3,836,481
23$6,806,941$2,474,525$306,312$4,026,103
24$7,147,288$2,600,454$321,628$4,225,206
25$7,504,652$2,732,679$337,709$4,434,264
26$7,879,885$2,871,515$354,595$4,653,775
27$8,273,879$3,017,293$372,325$4,884,262
28$8,687,573$3,170,359$390,941$5,126,273
29$9,121,952$3,331,079$410,488$5,380,385
30$9,578,049$3,499,836$431,012$5,647,202
Total$154,600,000$55,880,718$6,956,998$91,762,282

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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.