USA Mega

South Carolina Powerball Jackpot Annuity Payout Schedule for May 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 $142,400,000 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, May 25, 2026
Jackpot:$142,400,000
Federal Tax:37% marginal rate
State Tax: 6%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$2,143,324$748,987$128,599$1,265,738
2$2,250,491$788,639$135,029$1,326,822
3$2,363,015$830,273$141,781$1,390,961
4$2,481,166$873,989$148,870$1,458,307
5$2,605,224$919,890$156,313$1,529,020
6$2,735,485$968,087$164,129$1,603,269
7$2,872,260$1,018,693$172,336$1,681,231
8$3,015,873$1,071,830$180,952$1,763,090
9$3,166,666$1,127,624$190,000$1,849,043
10$3,325,000$1,186,207$199,500$1,939,292
11$3,491,250$1,247,720$209,475$2,034,055
12$3,665,812$1,312,308$219,949$2,133,556
13$3,849,103$1,380,125$230,946$2,238,031
14$4,041,558$1,451,334$242,493$2,347,731
15$4,243,636$1,526,102$254,618$2,462,915
16$4,455,817$1,604,610$267,349$2,583,859
17$4,678,608$1,687,042$280,716$2,710,849
18$4,912,539$1,773,597$294,752$2,844,190
19$5,158,166$1,864,479$309,490$2,984,197
20$5,416,074$1,959,905$324,964$3,131,205
21$5,686,878$2,060,102$341,213$3,285,563
22$5,971,221$2,165,309$358,273$3,447,639
23$6,269,783$2,275,777$376,187$3,617,819
24$6,583,272$2,391,768$394,996$3,796,508
25$6,912,435$2,513,558$414,746$3,984,131
26$7,258,057$2,641,438$435,483$4,181,135
27$7,620,960$2,775,712$457,258$4,387,990
28$8,002,008$2,916,700$480,120$4,605,187
29$8,402,108$3,064,737$504,126$4,833,244
30$8,822,214$3,220,176$529,333$5,072,705
Total$142,400,000$51,366,718$8,543,996$82,489,282

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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.