USA Mega

West Virginia Powerball Jackpot Annuity Payout Schedule for Jun 20, 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 $299,900,000 for a ticket purchased in West 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:

West Virginia

Drawing Date:Sat, Jun 20, 2026
Jackpot:$299,900,000
Federal Tax:37% marginal rate
State Tax: 4.82%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$4,513,925$1,626,110$217,571$2,670,245
2$4,739,622$1,709,617$228,450$2,801,555
3$4,976,603$1,797,300$239,872$2,939,430
4$5,225,433$1,889,367$251,866$3,084,200
5$5,486,704$1,986,038$264,459$3,236,207
6$5,761,040$2,087,542$277,682$3,395,816
7$6,049,092$2,194,121$291,566$3,563,404
8$6,351,546$2,306,029$306,145$3,739,372
9$6,669,124$2,423,533$321,452$3,924,139
10$7,002,580$2,546,912$337,524$4,118,144
11$7,352,709$2,676,460$354,401$4,321,849
12$7,720,344$2,812,485$372,121$4,535,739
13$8,106,361$2,955,311$390,727$4,760,324
14$8,511,680$3,105,279$410,263$4,996,138
15$8,937,264$3,262,745$430,776$5,243,743
16$9,384,127$3,428,084$452,315$5,503,728
17$9,853,333$3,601,690$474,931$5,776,712
18$10,346,000$3,783,977$498,677$6,063,345
19$10,863,300$3,975,378$523,611$6,364,310
20$11,406,465$4,176,349$549,792$6,680,324
21$11,976,788$4,387,369$577,281$7,012,138
22$12,575,627$4,608,939$606,145$7,360,543
23$13,204,409$4,841,588$636,452$7,726,368
24$13,864,629$5,085,870$668,275$8,110,484
25$14,557,860$5,342,366$701,689$8,513,806
26$15,285,754$5,611,686$736,773$8,937,294
27$16,050,041$5,894,473$773,612$9,381,957
28$16,852,543$6,191,398$812,293$9,848,852
29$17,695,170$6,503,170$852,907$10,339,093
30$18,579,929$6,830,531$895,553$10,853,845
Total$299,900,001$109,641,717$14,455,181$175,803,104

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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.