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Connecticut Powerball Jackpot Annuity Payout Schedule for Nov 4, 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 $835,000,000 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:Wed, Nov 4, 2026
Jackpot:$835,000,000
Federal Tax:37% marginal rate
State Tax: 6.99%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$12,567,948$4,606,098$878,500$7,083,351
2$13,196,346$4,838,605$922,425$7,435,316
3$13,856,163$5,082,738$968,546$7,804,880
4$14,548,972$5,339,077$1,016,973$8,192,922
5$15,276,419$5,608,232$1,067,822$8,600,365
6$16,040,241$5,890,846$1,121,213$9,028,182
7$16,842,253$6,187,591$1,177,273$9,477,389
8$17,684,366$6,499,173$1,236,137$9,949,056
9$18,568,584$6,826,333$1,297,944$10,444,307
10$19,497,013$7,169,852$1,362,841$10,964,320
11$20,471,864$7,530,547$1,430,983$11,510,334
12$21,495,457$7,909,276$1,502,532$12,083,648
13$22,570,230$8,306,942$1,577,659$12,685,628
14$23,698,741$8,724,491$1,656,542$13,317,708
15$24,883,678$9,162,918$1,739,369$13,981,391
16$26,127,862$9,623,266$1,826,338$14,678,258
17$27,434,255$10,106,632$1,917,654$15,409,969
18$28,805,968$10,614,165$2,013,537$16,178,265
19$30,246,266$11,147,076$2,114,214$16,984,976
20$31,758,580$11,706,632$2,219,925$17,832,023
21$33,346,508$12,294,165$2,330,921$18,721,422
22$35,013,834$12,911,076$2,447,467$19,655,291
23$36,764,526$13,558,832$2,569,840$20,635,854
24$38,602,751$14,238,975$2,698,332$21,665,444
25$40,532,889$14,953,126$2,833,249$22,746,514
26$42,559,534$15,702,985$2,974,911$23,881,638
27$44,687,511$16,490,336$3,123,657$25,073,518
28$46,921,886$17,317,055$3,279,840$26,324,991
29$49,267,980$18,185,110$3,443,832$27,639,038
30$51,731,380$19,096,568$3,616,023$29,018,788
Total$835,000,002$307,628,718$58,366,499$469,004,786

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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.