USA Mega

Virginia Powerball Jackpot Annuity Payout Schedule for May 30, 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 $169,800,000 for a ticket purchased in Virginia, 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:

Virginia

Drawing Date:Sat, May 30, 2026
Jackpot:$169,800,000
Federal Tax:37% marginal rate
State Tax: 5.75%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$2,555,734$901,579$146,955$1,507,200
2$2,683,520$948,860$154,302$1,580,358
3$2,817,696$998,505$162,018$1,657,174
4$2,958,581$1,050,632$170,118$1,737,831
5$3,106,510$1,105,366$178,624$1,822,520
6$3,261,836$1,162,836$187,556$1,911,444
7$3,424,928$1,223,180$196,933$2,004,814
8$3,596,174$1,286,542$206,780$2,102,852
9$3,775,983$1,353,071$217,119$2,205,793
10$3,964,782$1,422,927$227,975$2,313,880
11$4,163,021$1,496,275$239,374$2,427,372
12$4,371,172$1,573,291$251,342$2,546,539
13$4,589,731$1,654,158$263,910$2,671,663
14$4,819,217$1,739,068$277,105$2,803,045
15$5,060,178$1,828,223$290,960$2,940,995
16$5,313,187$1,921,836$305,508$3,085,842
17$5,578,846$2,020,130$320,784$3,237,932
18$5,857,788$2,123,339$336,823$3,397,627
19$6,150,678$2,231,708$353,664$3,565,306
20$6,458,212$2,345,496$371,347$3,741,369
21$6,781,122$2,464,972$389,915$3,926,235
22$7,120,178$2,590,423$409,410$4,120,345
23$7,476,187$2,722,147$429,881$4,324,160
24$7,849,997$2,860,456$451,375$4,538,166
25$8,242,496$3,005,681$473,944$4,762,872
26$8,654,621$3,158,167$497,641$4,998,814
27$9,087,352$3,318,278$522,523$5,246,552
28$9,541,720$3,486,394$548,649$5,506,677
29$10,018,806$3,662,915$576,081$5,779,809
30$10,519,746$3,848,263$604,885$6,066,598
Total$169,800,000$61,504,718$9,763,501$98,531,784

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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.