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California Powerball Jackpot Annuity Payout Schedule for Jan 19, 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 $192,500,000 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, Jan 19, 2026
Jackpot:$192,500,000
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$2,897,401$1,027,996$0$1,869,406
2$3,042,271$1,081,598$0$1,960,674
3$3,194,385$1,137,880$0$2,056,505
4$3,354,104$1,196,976$0$2,157,128
5$3,521,809$1,259,027$0$2,262,783
6$3,697,900$1,324,180$0$2,373,720
7$3,882,795$1,392,591$0$2,490,204
8$4,076,935$1,464,423$0$2,612,512
9$4,280,781$1,539,846$0$2,740,935
10$4,494,820$1,619,041$0$2,875,780
11$4,719,561$1,702,195$0$3,017,366
12$4,955,539$1,789,507$0$3,166,033
13$5,203,316$1,881,184$0$3,322,132
14$5,463,482$1,977,446$0$3,486,037
15$5,736,656$2,078,520$0$3,658,136
16$6,023,489$2,184,648$0$3,838,841
17$6,324,664$2,296,083$0$4,028,581
18$6,640,897$2,413,089$0$4,227,808
19$6,972,942$2,535,946$0$4,436,996
20$7,321,589$2,664,945$0$4,656,644
21$7,687,668$2,800,394$0$4,887,274
22$8,072,051$2,942,616$0$5,129,435
23$8,475,654$3,091,949$0$5,383,705
24$8,899,437$3,248,749$0$5,650,688
25$9,344,409$3,413,388$0$5,931,020
26$9,811,629$3,586,260$0$6,225,369
27$10,302,211$3,767,775$0$6,534,435
28$10,817,321$3,958,366$0$6,858,955
29$11,358,187$4,158,486$0$7,199,701
30$11,926,096$4,368,613$0$7,557,484
Total$192,500,000$69,903,717$0$122,596,287

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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.