USA Mega

Georgia Powerball Jackpot Annuity Payout Schedule for Jun 10, 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 $238,000,000 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, Jun 10, 2026
Jackpot:$238,000,000
Federal Tax:37% marginal rate
State Tax: 4.99%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$3,582,242$1,281,387$178,754$2,122,101
2$3,761,354$1,347,658$187,692$2,226,004
3$3,949,421$1,417,243$197,076$2,335,102
4$4,146,892$1,490,307$206,930$2,449,655
5$4,354,237$1,567,025$217,276$2,569,936
6$4,571,949$1,647,578$228,140$2,696,230
7$4,800,546$1,732,159$239,547$2,828,840
8$5,040,574$1,820,970$251,525$2,968,080
9$5,292,602$1,914,220$264,101$3,114,281
10$5,557,232$2,012,133$277,306$3,267,793
11$5,835,094$2,114,942$291,171$3,428,981
12$6,126,849$2,222,891$305,730$3,598,228
13$6,433,191$2,336,238$321,016$3,775,937
14$6,754,851$2,455,252$337,067$3,962,532
15$7,092,593$2,580,217$353,920$4,158,456
16$7,447,223$2,711,430$371,616$4,364,177
17$7,819,584$2,849,203$390,197$4,580,183
18$8,210,563$2,993,866$409,707$4,806,991
19$8,621,091$3,145,761$430,192$5,045,138
20$9,052,146$3,305,251$451,702$5,295,193
21$9,504,753$3,472,716$474,287$5,557,750
22$9,979,991$3,648,554$498,002$5,833,435
23$10,478,991$3,833,184$522,902$6,122,905
24$11,002,940$4,027,045$549,047$6,426,848
25$11,553,087$4,230,599$576,499$6,745,988
26$12,130,741$4,444,332$605,324$7,081,086
27$12,737,279$4,668,750$635,590$7,432,938
28$13,374,142$4,904,390$667,370$7,802,383
29$14,042,849$5,151,812$700,738$8,190,300
30$14,744,992$5,411,604$735,775$8,597,613
Total$238,000,000$86,738,717$11,876,199$139,385,084

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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.