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Tennessee Powerball Jackpot Annuity Payout Schedule for Apr 13, 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 $46,700,000 for a ticket purchased in Tennessee, 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:

Tennessee

Drawing Date:Mon, Apr 13, 2026
Jackpot:$46,700,000
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$702,902$216,031$0$486,871
2$738,047$229,035$0$509,012
3$774,949$242,689$0$532,261
4$813,697$257,025$0$556,672
5$854,382$272,079$0$582,303
6$897,101$287,885$0$609,216
7$941,956$304,481$0$637,475
8$989,054$321,907$0$667,147
9$1,038,506$340,205$0$698,302
10$1,090,432$359,417$0$731,015
11$1,144,953$379,590$0$765,363
12$1,202,201$400,772$0$801,429
13$1,262,311$423,012$0$839,299
14$1,325,427$446,365$0$879,062
15$1,391,698$470,885$0$920,812
16$1,461,283$496,632$0$964,651
17$1,534,347$523,666$0$1,010,681
18$1,611,064$552,051$0$1,059,013
19$1,691,618$581,856$0$1,109,762
20$1,776,198$613,151$0$1,163,048
21$1,865,008$646,010$0$1,218,998
22$1,958,259$680,513$0$1,277,746
23$2,056,172$716,741$0$1,339,431
24$2,158,980$754,780$0$1,404,200
25$2,266,929$794,721$0$1,472,208
26$2,380,276$836,659$0$1,543,616
27$2,499,290$880,694$0$1,618,595
28$2,624,254$926,931$0$1,697,323
29$2,755,467$975,480$0$1,779,987
30$2,893,240$1,026,456$0$1,866,784
Total$46,700,000$15,957,719$0$30,742,282

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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.