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South Dakota Powerball Jackpot Annuity Payout Schedule for Jan 21, 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 $209,300,000 for a ticket purchased in South Dakota, 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 Dakota

Drawing Date:Wed, Jan 21, 2026
Jackpot:$209,300,000
Federal Tax:37% marginal rate
State Tax: No state tax on lottery prizes
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$3,150,265$1,121,555$0$2,028,710
2$3,307,779$1,179,835$0$2,127,943
3$3,473,168$1,241,029$0$2,232,138
4$3,646,826$1,305,283$0$2,341,543
5$3,829,167$1,372,749$0$2,456,418
6$4,020,626$1,443,589$0$2,577,037
7$4,221,657$1,517,970$0$2,703,687
8$4,432,740$1,596,071$0$2,836,669
9$4,654,377$1,678,077$0$2,976,300
10$4,887,096$1,764,183$0$3,122,913
11$5,131,450$1,854,594$0$3,276,856
12$5,388,023$1,949,526$0$3,438,497
13$5,657,424$2,049,204$0$3,608,220
14$5,940,295$2,153,866$0$3,786,429
15$6,237,310$2,263,762$0$3,973,548
16$6,549,176$2,379,152$0$4,170,023
17$6,876,634$2,500,312$0$4,376,322
18$7,220,466$2,627,530$0$4,592,936
19$7,581,489$2,761,108$0$4,820,381
20$7,960,564$2,901,366$0$5,059,198
21$8,358,592$3,048,636$0$5,309,956
22$8,776,521$3,203,270$0$5,573,251
23$9,215,348$3,365,636$0$5,849,712
24$9,676,115$3,536,120$0$6,139,995
25$10,159,921$3,715,128$0$6,444,793
26$10,667,917$3,903,086$0$6,764,830
27$11,201,313$4,100,443$0$7,100,870
28$11,761,378$4,307,667$0$7,453,711
29$12,349,447$4,525,253$0$7,824,194
30$12,966,919$4,753,717$0$8,213,202
Total$209,300,000$76,119,717$0$133,180,282

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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.