USA Mega

Georgia Powerball Jackpot Annuity Payout Schedule for Oct 20, 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 $304,700,000 for a ticket purchased in Georgia, 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:

Georgia

Drawing Date:Mon, Oct 20, 2025
Jackpot:$304,700,000
Federal Tax:37% marginal rate
State Tax: 5.09%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$4,586,172$1,652,841$233,436$2,699,895
2$4,815,481$1,737,685$245,108$2,832,688
3$5,056,255$1,826,772$257,363$2,972,120
4$5,309,068$1,920,312$270,232$3,118,524
5$5,574,521$2,018,530$283,743$3,272,248
6$5,853,247$2,121,659$297,930$3,433,658
7$6,145,910$2,229,944$312,827$3,603,139
8$6,453,205$2,343,643$328,468$3,781,094
9$6,775,865$2,463,027$344,892$3,967,946
10$7,114,658$2,588,381$362,136$4,164,141
11$7,470,391$2,720,002$380,243$4,370,146
12$7,843,911$2,858,204$399,255$4,586,452
13$8,236,107$3,003,317$419,218$4,813,572
14$8,647,912$3,155,685$440,179$5,052,049
15$9,080,307$3,315,671$462,188$5,302,449
16$9,534,323$3,483,657$485,297$5,565,369
17$10,011,039$3,660,042$509,562$5,841,435
18$10,511,591$3,845,246$535,040$6,131,305
19$11,037,170$4,039,710$561,792$6,435,668
20$11,589,029$4,243,898$589,882$6,755,249
21$12,168,480$4,458,295$619,376$7,090,810
22$12,776,904$4,683,412$650,344$7,443,148
23$13,415,750$4,919,785$682,862$7,813,103
24$14,086,537$5,167,976$717,005$8,201,556
25$14,790,864$5,428,577$752,855$8,609,432
26$15,530,407$5,702,208$790,498$9,037,702
27$16,306,928$5,989,520$830,023$9,487,385
28$17,122,274$6,291,199$871,524$9,959,551
29$17,978,387$6,607,961$915,100$10,455,327
30$18,877,307$6,940,561$960,855$10,975,891
Total$304,700,001$111,417,720$15,509,233$177,773,052

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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.