USA Mega

Georgia Powerball Jackpot Annuity Payout Schedule for Mar 26, 2025

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The tax information provided here is based on 2025 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 $483,100,000 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:Wed, Mar 26, 2025
Jackpot:$483,100,000
Federal Tax:37% marginal rate
State Tax: 5.29%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$7,271,348$2,647,419$384,654$4,239,275
2$7,634,916$2,781,939$403,887$4,449,090
3$8,016,661$2,923,185$424,081$4,669,395
4$8,417,495$3,071,493$445,285$4,900,716
5$8,838,369$3,227,217$467,550$5,143,603
6$9,280,288$3,390,727$490,927$5,398,634
7$9,744,302$3,562,412$515,474$5,666,417
8$10,231,517$3,742,682$541,247$5,947,588
9$10,743,093$3,931,965$568,310$6,242,819
10$11,280,248$4,130,712$596,725$6,552,811
11$11,844,260$4,339,397$626,561$6,878,302
12$12,436,473$4,558,515$657,889$7,220,068
13$13,058,297$4,788,590$690,784$7,578,923
14$13,711,212$5,030,169$725,323$7,955,720
15$14,396,772$5,283,826$761,589$8,351,357
16$15,116,611$5,550,166$799,669$8,766,776
17$15,872,441$5,829,824$839,652$9,202,966
18$16,666,064$6,123,464$881,635$9,660,965
19$17,499,367$6,431,786$925,716$10,141,864
20$18,374,335$6,755,524$972,002$10,646,809
21$19,293,052$7,095,449$1,020,602$11,177,000
22$20,257,704$7,452,371$1,071,633$11,733,701
23$21,270,590$7,827,138$1,125,214$12,318,237
24$22,334,119$8,220,644$1,181,475$12,932,000
25$23,450,825$8,633,825$1,240,549$13,576,451
26$24,623,366$9,067,666$1,302,576$14,253,125
27$25,854,535$9,523,198$1,367,705$14,963,632
28$27,147,261$10,001,507$1,436,090$15,709,664
29$28,504,624$10,503,731$1,507,895$16,492,998
30$29,929,856$11,031,067$1,583,289$17,315,499
Total$483,100,001$177,457,608$25,555,988$280,086,405

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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.