USA Mega

South Dakota Powerball Jackpot Annuity Payout Schedule for May 18, 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 $101,400,000 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:Mon, May 18, 2026
Jackpot:$101,400,000
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$1,526,216$520,657$0$1,005,559
2$1,602,526$548,892$0$1,053,634
3$1,682,653$578,539$0$1,104,114
4$1,766,785$609,668$0$1,157,117
5$1,855,124$642,353$0$1,212,771
6$1,947,881$676,673$0$1,271,208
7$2,045,275$712,709$0$1,332,566
8$2,147,539$750,547$0$1,396,992
9$2,254,915$790,276$0$1,464,639
10$2,367,661$831,992$0$1,535,669
11$2,486,044$875,794$0$1,610,251
12$2,610,346$921,785$0$1,688,561
13$2,740,864$970,077$0$1,770,787
14$2,877,907$1,020,783$0$1,857,124
15$3,021,802$1,074,024$0$1,947,778
16$3,172,892$1,129,927$0$2,042,965
17$3,331,537$1,188,626$0$2,142,911
18$3,498,114$1,250,259$0$2,247,855
19$3,673,020$1,314,975$0$2,358,045
20$3,856,671$1,382,925$0$2,473,745
21$4,049,504$1,454,274$0$2,595,230
22$4,251,979$1,529,190$0$2,722,790
23$4,464,578$1,607,851$0$2,856,727
24$4,687,807$1,690,446$0$2,997,361
25$4,922,198$1,777,170$0$3,145,027
26$5,168,308$1,868,231$0$3,300,076
27$5,426,723$1,963,845$0$3,462,878
28$5,698,059$2,064,239$0$3,633,820
29$5,982,962$2,169,653$0$3,813,309
30$6,282,110$2,280,338$0$4,001,772
Total$101,400,000$36,196,718$0$65,203,281

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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.