USA Mega

Illinois Powerball Jackpot Annuity Payout Schedule for Dec 13, 2025

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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 $1,058,800,000 for a ticket purchased in Illinois, 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:

Illinois

Drawing Date:Sat, Dec 13, 2025
Jackpot:$1,058,800,000
Federal Tax:37% marginal rate
State Tax: 4.95%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$15,936,459$5,852,447$788,855$9,295,157
2$16,733,283$6,147,272$828,297$9,757,713
3$17,569,946$6,456,837$869,712$10,243,397
4$18,448,444$6,781,882$913,198$10,753,365
5$19,370,866$7,123,178$958,858$11,288,830
6$20,339,409$7,481,539$1,006,801$11,851,070
7$21,356,380$7,857,818$1,057,141$12,441,422
8$22,424,199$8,252,911$1,109,998$13,061,290
9$23,545,409$8,667,759$1,165,498$13,712,153
10$24,722,679$9,103,349$1,223,773$14,395,558
11$25,958,813$9,560,718$1,284,961$15,113,134
12$27,256,754$10,040,956$1,349,209$15,866,588
13$28,619,592$10,545,206$1,416,670$16,657,716
14$30,050,571$11,074,669$1,487,503$17,488,399
15$31,553,100$11,630,604$1,561,878$18,360,617
16$33,130,755$12,214,337$1,639,972$19,276,446
17$34,787,292$12,827,255$1,721,971$20,238,066
18$36,526,657$13,470,820$1,808,070$21,247,767
19$38,352,990$14,146,563$1,898,473$22,307,953
20$40,270,640$14,856,094$1,993,397$23,421,149
21$42,284,171$15,601,101$2,093,066$24,590,004
22$44,398,380$16,383,358$2,197,720$25,817,302
23$46,618,299$17,204,728$2,307,606$27,105,965
24$48,949,213$18,067,166$2,422,986$28,459,061
25$51,396,674$18,972,727$2,544,135$29,879,812
26$53,966,509$19,923,565$2,671,342$31,371,601
27$56,664,834$20,921,946$2,804,909$32,937,979
28$59,498,075$21,970,245$2,945,155$34,582,675
29$62,472,979$23,070,959$3,092,412$36,309,607
30$65,596,628$24,226,710$3,247,033$38,122,886
Total$1,058,800,002$390,434,719$52,410,599$615,954,682

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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.