USA Mega

Georgia Powerball Jackpot Annuity Payout Schedule for Feb 23, 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 $202,600,000 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, Feb 23, 2026
Jackpot:$202,600,000
Federal Tax:37% marginal rate
State Tax: 5.09%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$3,049,421$1,084,243$155,216$1,809,962
2$3,201,892$1,140,657$162,976$1,898,258
3$3,361,986$1,199,892$171,125$1,990,969
4$3,530,086$1,262,089$179,681$2,088,315
5$3,706,590$1,327,396$188,665$2,190,529
6$3,891,919$1,395,967$198,099$2,297,853
7$4,086,516$1,467,968$208,004$2,410,544
8$4,290,841$1,543,569$218,404$2,528,869
9$4,505,383$1,622,949$229,324$2,653,110
10$4,730,652$1,706,299$240,790$2,783,564
11$4,967,185$1,793,816$252,830$2,920,540
12$5,215,544$1,885,709$265,471$3,064,364
13$5,476,322$1,982,196$278,745$3,215,381
14$5,750,138$2,083,508$292,682$3,373,947
15$6,037,645$2,189,886$307,316$3,540,443
16$6,339,527$2,301,582$322,682$3,715,263
17$6,656,503$2,418,863$338,816$3,898,824
18$6,989,328$2,542,009$355,757$4,091,563
19$7,338,795$2,671,311$373,545$4,293,939
20$7,705,734$2,807,079$392,222$4,506,434
21$8,091,021$2,949,635$411,833$4,729,553
22$8,495,572$3,099,319$432,425$4,963,829
23$8,920,351$3,256,487$454,046$5,209,818
24$9,366,368$3,421,513$476,748$5,468,107
25$9,834,687$3,594,791$500,586$5,739,310
26$10,326,421$3,776,733$525,615$6,024,073
27$10,842,742$3,967,772$551,896$6,323,075
28$11,384,879$4,168,363$579,490$6,637,026
29$11,954,123$4,378,983$608,465$6,966,675
30$12,551,829$4,600,134$638,888$7,312,807
Total$202,600,000$73,640,718$10,312,342$118,646,944

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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.