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Connecticut Powerball Jackpot Annuity Payout Schedule for Jun 16, 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 $90,200,000 for a ticket purchased in Connecticut, 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:

Connecticut

Drawing Date:Mon, Jun 16, 2025
Jackpot:$90,200,000
Federal Tax:37% marginal rate
State Tax: 6.99%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$1,357,639$458,284$94,899$804,457
2$1,425,521$483,400$99,644$842,477
3$1,496,797$509,772$104,626$882,399
4$1,571,637$537,463$109,857$924,317
5$1,650,219$566,538$115,350$968,331
6$1,732,730$597,067$121,118$1,014,545
7$1,819,367$629,123$127,174$1,063,070
8$1,910,335$662,781$133,532$1,114,021
9$2,005,852$698,122$140,209$1,167,520
10$2,106,144$735,231$147,219$1,223,694
11$2,211,452$774,194$154,580$1,282,677
12$2,322,024$815,106$162,309$1,344,609
13$2,438,125$858,064$170,425$1,409,637
14$2,560,032$903,169$178,946$1,477,916
15$2,688,033$950,530$187,894$1,549,610
16$2,822,435$1,000,258$197,288$1,624,889
17$2,963,557$1,052,473$207,153$1,703,931
18$3,111,734$1,107,299$217,510$1,786,925
19$3,267,321$1,164,866$228,386$1,874,069
20$3,430,687$1,225,312$239,805$1,965,571
21$3,602,222$1,288,779$251,795$2,061,647
22$3,782,333$1,355,420$264,385$2,162,527
23$3,971,449$1,425,394$277,604$2,268,452
24$4,170,022$1,498,865$291,485$2,379,672
25$4,378,523$1,576,011$306,059$2,496,453
26$4,597,449$1,657,013$321,362$2,619,074
27$4,827,322$1,742,066$337,430$2,747,826
28$5,068,688$1,831,372$354,301$2,883,015
29$5,322,122$1,925,142$372,016$3,024,963
30$5,588,228$2,023,602$390,617$3,174,009
Total$90,200,000$32,052,716$6,304,978$51,842,303

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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.