USA Mega

Georgia Powerball Jackpot Annuity Payout Schedule for Jan 26, 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 $28,700,000 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, Jan 26, 2026
Jackpot:$28,700,000
Federal Tax:37% marginal rate
State Tax: 5.09%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$431,976$119,961$21,988$290,028
2$453,575$127,521$23,087$302,968
3$476,254$135,458$24,241$316,554
4$500,066$143,793$25,453$330,821
5$525,070$152,544$26,726$345,800
6$551,323$161,732$28,062$361,529
7$578,889$171,381$29,465$378,043
8$607,834$181,511$30,939$395,384
9$638,226$192,148$32,486$413,592
10$670,137$203,908$34,110$432,119
11$703,644$216,305$35,815$451,523
12$738,826$229,323$37,606$471,897
13$775,767$242,991$39,487$493,290
14$814,556$257,343$41,461$515,752
15$855,283$272,412$43,534$539,337
16$898,047$288,235$45,711$564,102
17$942,950$304,849$47,996$590,105
18$990,097$322,293$50,396$617,408
19$1,039,602$340,610$52,916$646,076
20$1,091,582$359,843$55,562$676,178
21$1,146,161$380,037$58,340$707,785
22$1,203,469$401,241$61,257$740,972
23$1,263,643$423,505$64,319$775,818
24$1,326,825$446,883$67,535$812,407
25$1,393,166$471,429$70,912$850,825
26$1,462,825$497,202$74,458$891,165
27$1,535,966$524,265$78,181$933,521
28$1,612,764$552,680$82,090$977,995
29$1,693,402$582,516$86,194$1,024,692
30$1,778,073$613,844$90,504$1,073,725
Total$28,700,000$9,317,763$1,460,831$17,921,411

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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.