USA Mega

Oklahoma Powerball Jackpot Annuity Payout Schedule for May 13, 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 $69,900,000 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:Wed, May 13, 2026
Jackpot:$69,900,000
Federal Tax:37% marginal rate
State Tax: 4.5%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$1,052,095$345,233$47,344$659,519
2$1,104,700$364,696$49,712$690,292
3$1,159,935$385,133$52,197$722,605
4$1,217,932$406,592$54,807$756,533
5$1,278,828$429,124$57,547$792,157
6$1,342,770$452,782$60,425$829,563
7$1,409,908$477,623$63,446$868,839
8$1,480,404$503,707$66,618$910,079
9$1,554,424$531,094$69,949$953,381
10$1,632,145$559,851$73,447$998,848
11$1,713,752$590,046$77,119$1,046,588
12$1,799,440$621,750$80,975$1,096,715
13$1,889,412$655,040$85,024$1,149,349
14$1,983,883$689,994$89,275$1,204,614
15$2,083,077$726,696$93,738$1,262,643
16$2,187,231$765,233$98,425$1,323,573
17$2,296,592$805,696$103,347$1,387,549
18$2,411,422$848,183$108,514$1,454,724
19$2,531,993$892,795$113,940$1,525,259
20$2,658,592$939,636$119,637$1,599,319
21$2,791,522$988,820$125,618$1,677,083
22$2,931,098$1,040,464$131,899$1,758,735
23$3,077,653$1,094,689$138,494$1,844,470
24$3,231,536$1,151,625$145,419$1,934,491
25$3,393,113$1,211,409$152,690$2,029,014
26$3,562,768$1,274,181$160,325$2,128,262
27$3,740,907$1,340,093$168,341$2,232,473
28$3,927,952$1,409,299$176,758$2,341,895
29$4,124,349$1,481,967$185,596$2,456,787
30$4,330,567$1,558,267$194,876$2,577,424
Total$69,900,000$24,541,718$3,145,502$42,212,783

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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.