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Pennsylvania Powerball Jackpot Annuity Payout Schedule for May 20, 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 $114,700,000 for a ticket purchased in Pennsylvania, 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:

Pennsylvania

Drawing Date:Wed, May 20, 2026
Jackpot:$114,700,000
Federal Tax:37% marginal rate
State Tax: 3.07%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$1,726,400$594,725$53,000$1,078,674
2$1,812,720$626,664$55,650$1,130,406
3$1,903,356$660,199$58,433$1,184,724
4$1,998,523$695,411$61,355$1,241,758
5$2,098,449$732,384$64,422$1,301,644
6$2,203,372$771,205$67,644$1,364,524
7$2,313,541$811,967$71,026$1,430,548
8$2,429,218$854,768$74,577$1,499,873
9$2,550,679$899,708$78,306$1,572,664
10$2,678,212$946,896$82,221$1,649,095
11$2,812,123$996,443$86,332$1,729,348
12$2,952,729$1,048,467$90,649$1,813,613
13$3,100,366$1,103,093$95,181$1,902,092
14$3,255,384$1,160,449$99,940$1,994,994
15$3,418,153$1,220,674$104,937$2,092,542
16$3,589,061$1,283,910$110,184$2,194,967
17$3,768,514$1,350,307$115,693$2,302,513
18$3,956,940$1,420,025$121,478$2,415,437
19$4,154,786$1,493,228$127,552$2,534,006
20$4,362,526$1,570,092$133,930$2,658,504
21$4,580,652$1,650,799$140,626$2,789,228
22$4,809,685$1,735,541$147,657$2,926,487
23$5,050,169$1,824,520$155,040$3,070,609
24$5,302,677$1,917,948$162,792$3,221,937
25$5,567,811$2,016,047$170,932$3,380,832
26$5,846,202$2,119,052$179,478$3,547,672
27$6,138,512$2,227,207$188,452$3,722,853
28$6,445,437$2,340,769$197,875$3,906,793
29$6,767,709$2,460,010$207,769$4,099,931
30$7,106,095$2,585,212$218,157$4,302,725
Total$114,700,000$41,117,720$3,521,288$70,060,993

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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.