USA Mega

Texas Powerball Jackpot Annuity Payout Schedule for Nov 26, 2025

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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 $684,800,000 for a ticket purchased in Texas, 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:

Texas

Drawing Date:Wed, Nov 26, 2025
Jackpot:$684,800,000
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$10,307,223$3,769,630$0$6,537,593
2$10,822,584$3,960,313$0$6,862,271
3$11,363,713$4,160,531$0$7,203,182
4$11,931,899$4,370,760$0$7,561,139
5$12,528,493$4,591,500$0$7,936,994
6$13,154,918$4,823,277$0$8,331,641
7$13,812,665$5,066,643$0$8,746,021
8$14,503,298$5,322,177$0$9,181,120
9$15,228,463$5,590,488$0$9,637,974
10$15,989,886$5,872,215$0$10,117,671
11$16,789,380$6,168,028$0$10,621,352
12$17,628,849$6,478,631$0$11,150,218
13$18,510,291$6,804,765$0$11,705,526
14$19,435,806$7,147,205$0$12,288,601
15$20,407,596$7,506,768$0$12,900,828
16$21,427,976$7,884,308$0$13,543,668
17$22,499,374$8,280,726$0$14,218,649
18$23,624,343$8,696,964$0$14,927,379
19$24,805,560$9,134,015$0$15,671,546
20$26,045,839$9,592,918$0$16,452,921
21$27,348,130$10,074,765$0$17,273,365
22$28,715,537$10,580,706$0$18,134,831
23$30,151,314$11,111,943$0$19,039,371
24$31,658,879$11,669,743$0$19,989,137
25$33,241,823$12,255,432$0$20,986,391
26$34,903,915$12,870,406$0$22,033,509
27$36,649,111$13,516,128$0$23,132,982
28$38,481,566$14,194,137$0$24,287,429
29$40,405,644$14,906,046$0$25,499,599
30$42,425,927$15,653,550$0$26,772,377
Total$684,800,001$252,054,718$0$432,745,285

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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.