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South Carolina Powerball Jackpot Annuity Payout Schedule for Jul 14, 2025

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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 $250,400,000 for a ticket purchased in South Carolina, 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:

South Carolina

Drawing Date:Mon, Jul 14, 2025
Jackpot:$250,400,000
Federal Tax:37% marginal rate
State Tax: 6%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$3,768,879$1,350,443$226,133$2,192,304
2$3,957,323$1,420,167$237,439$2,299,717
3$4,155,189$1,493,377$249,311$2,412,501
4$4,362,949$1,570,248$261,777$2,530,924
5$4,581,096$1,650,963$274,866$2,655,268
6$4,810,151$1,735,713$288,609$2,785,829
7$5,050,659$1,824,701$303,040$2,922,918
8$5,303,192$1,918,138$318,192$3,066,862
9$5,568,351$2,016,247$334,101$3,218,003
10$5,846,769$2,119,262$350,806$3,376,701
11$6,139,107$2,227,427$368,346$3,543,334
12$6,446,063$2,341,000$386,764$3,718,299
13$6,768,366$2,460,253$406,102$3,902,011
14$7,106,784$2,585,467$426,407$4,094,910
15$7,462,123$2,716,943$447,727$4,297,453
16$7,835,230$2,854,992$470,114$4,510,124
17$8,226,991$2,999,944$493,619$4,733,428
18$8,638,341$3,152,143$518,300$4,967,897
19$9,070,257$3,311,953$544,215$5,214,090
20$9,523,770$3,479,752$571,426$5,472,592
21$9,999,959$3,655,942$599,998$5,744,019
22$10,499,957$3,840,941$629,997$6,029,018
23$11,024,955$4,035,191$661,497$6,328,267
24$11,576,202$4,239,152$694,572$6,642,478
25$12,155,012$4,453,312$729,301$6,972,400
26$12,762,763$4,678,180$765,766$7,318,818
27$13,400,901$4,914,291$804,054$7,682,557
28$14,070,946$5,162,207$844,257$8,064,482
29$14,774,494$5,422,520$886,470$8,465,504
30$15,513,218$5,695,848$930,793$8,886,577
Total$250,400,001$91,326,717$15,023,999$144,049,285

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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.