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California Powerball Jackpot Annuity Payout Schedule for Nov 3, 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 $420,900,000 for a ticket purchased in California, 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:

California

Drawing Date:Mon, Nov 3, 2025
Jackpot:$420,900,000
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$6,335,149$2,299,962$0$4,035,187
2$6,651,907$2,417,163$0$4,234,744
3$6,984,502$2,540,223$0$4,444,279
4$7,333,727$2,669,436$0$4,664,291
5$7,700,413$2,805,110$0$4,895,303
6$8,085,434$2,947,568$0$5,137,866
7$8,489,706$3,097,148$0$5,392,557
8$8,914,191$3,254,208$0$5,659,983
9$9,359,901$3,419,120$0$5,940,780
10$9,827,895$3,592,279$0$6,235,617
11$10,319,290$3,774,095$0$6,545,196
12$10,835,255$3,965,002$0$6,870,253
13$11,377,017$4,165,454$0$7,211,564
14$11,945,868$4,375,929$0$7,569,940
15$12,543,162$4,596,927$0$7,946,235
16$13,170,320$4,828,976$0$8,341,344
17$13,828,836$5,072,626$0$8,756,209
18$14,520,278$5,328,460$0$9,191,818
19$15,246,291$5,597,085$0$9,649,206
20$16,008,606$5,879,142$0$10,129,465
21$16,809,036$6,175,301$0$10,633,736
22$17,649,488$6,486,268$0$11,163,220
23$18,531,963$6,812,783$0$11,719,179
24$19,458,561$7,155,625$0$12,302,936
25$20,431,489$7,515,608$0$12,915,881
26$21,453,063$7,893,591$0$13,559,473
27$22,525,717$8,290,472$0$14,235,244
28$23,652,002$8,707,198$0$14,944,804
29$24,834,602$9,144,760$0$15,689,842
30$26,076,333$9,604,200$0$16,472,132
Total$420,900,001$154,411,719$0$266,488,284

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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.