USA Mega

Iowa Powerball Jackpot Annuity Payout Schedule for Dec 3, 2025

Media: You may freely use any information on this page, but you must credit usamega.com.

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 $778,800,000 for a ticket purchased in Iowa, 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:

Iowa

Drawing Date:Wed, Dec 3, 2025
Jackpot:$778,800,000
Federal Tax:37% marginal rate
State Tax: 3.8%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$11,722,058$4,293,119$445,438$6,983,501
2$12,308,161$4,509,977$467,710$7,330,474
3$12,923,568$4,737,678$491,096$7,694,795
4$13,569,747$4,976,764$515,650$8,077,333
5$14,248,234$5,227,804$541,433$8,478,997
6$14,960,646$5,491,396$568,505$8,900,745
7$15,708,679$5,768,168$596,930$9,343,581
8$16,494,113$6,058,779$626,776$9,808,557
9$17,318,818$6,363,920$658,115$10,296,783
10$18,184,759$6,684,318$691,021$10,809,420
11$19,093,997$7,020,736$725,572$11,347,689
12$20,048,697$7,373,975$761,850$11,912,871
13$21,051,131$7,744,876$799,943$12,506,313
14$22,103,688$8,134,322$839,940$13,129,426
15$23,208,872$8,543,240$881,937$13,783,695
16$24,369,316$8,972,604$926,034$14,470,678
17$25,587,782$9,423,436$972,336$15,192,009
18$26,867,171$9,896,810$1,020,952$15,949,408
19$28,210,529$10,393,853$1,072,000$16,744,676
20$29,621,056$10,915,748$1,125,600$17,579,708
21$31,102,109$11,463,737$1,181,880$18,456,491
22$32,657,214$12,039,126$1,240,974$19,377,113
23$34,290,075$12,643,285$1,303,023$20,343,767
24$36,004,578$13,277,651$1,368,174$21,358,753
25$37,804,807$13,943,736$1,436,583$22,424,489
26$39,695,048$14,643,125$1,508,412$23,543,511
27$41,679,800$15,377,483$1,583,832$24,718,485
28$43,763,790$16,148,559$1,663,024$25,952,206
29$45,951,980$16,958,190$1,746,175$27,247,615
30$48,249,579$17,808,301$1,833,484$28,607,793
Total$778,800,002$286,834,716$29,594,399$462,370,882

◄ Back to Jackpot Analysis

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.