USA Mega

South Carolina Powerball Jackpot Annuity Payout Schedule for Feb 25, 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 $217,400,000 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:Wed, Feb 25, 2026
Jackpot:$217,400,000
Federal Tax:37% marginal rate
State Tax: 6%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$3,272,182$1,166,665$196,331$1,909,186
2$3,435,791$1,227,200$206,147$2,002,444
3$3,607,581$1,290,762$216,455$2,100,364
4$3,787,960$1,357,502$227,278$2,203,180
5$3,977,358$1,427,580$238,641$2,311,137
6$4,176,226$1,501,161$250,574$2,424,491
7$4,385,037$1,578,421$263,102$2,543,514
8$4,604,289$1,659,544$276,257$2,668,487
9$4,834,503$1,744,723$290,070$2,799,710
10$5,076,228$1,834,162$304,574$2,937,493
11$5,330,040$1,928,072$319,802$3,082,165
12$5,596,542$2,026,678$335,793$3,234,072
13$5,876,369$2,130,214$352,582$3,393,573
14$6,170,187$2,238,927$370,211$3,561,049
15$6,478,697$2,353,075$388,722$3,736,900
16$6,802,631$2,472,931$408,158$3,921,543
17$7,142,763$2,598,780$428,566$4,115,418
18$7,499,901$2,730,921$449,994$4,318,986
19$7,874,896$2,869,669$472,494$4,532,734
20$8,268,641$3,015,354$496,118$4,757,168
21$8,682,073$3,168,324$520,924$4,992,824
22$9,116,177$3,328,943$546,971$5,240,263
23$9,571,985$3,497,592$574,319$5,500,074
24$10,050,585$3,674,674$603,035$5,772,876
25$10,553,114$3,860,609$633,187$6,059,318
26$11,080,770$4,055,842$664,846$6,360,081
27$11,634,808$4,260,836$698,088$6,675,883
28$12,216,548$4,476,080$732,993$7,007,475
29$12,827,376$4,702,086$769,643$7,355,647
30$13,468,745$4,939,393$808,125$7,721,227
Total$217,400,000$79,116,720$13,044,000$125,239,282

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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.