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Indiana Powerball Jackpot Annuity Payout Schedule for Oct 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 $257,600,000 for a ticket purchased in Indiana, 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:

Indiana

Drawing Date:Mon, Oct 13, 2025
Jackpot:$257,600,000
Federal Tax:37% marginal rate
State Tax: 2.95%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$3,877,250$1,390,540$114,379$2,372,331
2$4,071,112$1,462,269$120,098$2,488,746
3$4,274,668$1,537,584$126,103$2,610,981
4$4,488,401$1,616,666$132,408$2,739,328
5$4,712,821$1,699,701$139,028$2,874,092
6$4,948,462$1,786,888$145,980$3,015,594
7$5,195,886$1,878,435$153,279$3,164,172
8$5,455,680$1,974,559$160,943$3,320,178
9$5,728,464$2,075,489$168,990$3,483,985
10$6,014,887$2,181,465$177,439$3,655,982
11$6,315,631$2,292,741$186,311$3,836,579
12$6,631,413$2,409,580$195,627$4,026,206
13$6,962,983$2,532,261$205,408$4,225,314
14$7,311,133$2,661,076$215,678$4,434,378
15$7,676,689$2,796,332$226,462$4,653,895
16$8,060,524$2,938,351$237,785$4,884,387
17$8,463,550$3,087,471$249,675$5,126,404
18$8,886,727$3,244,046$262,158$5,380,522
19$9,331,064$3,408,451$275,266$5,647,346
20$9,797,617$3,581,075$289,030$5,927,512
21$10,287,498$3,762,331$303,481$6,221,685
22$10,801,873$3,952,650$318,655$6,530,567
23$11,341,966$4,152,485$334,588$6,854,893
24$11,909,064$4,362,311$351,317$7,195,436
25$12,504,518$4,582,629$368,883$7,553,006
26$13,129,744$4,813,962$387,327$7,928,454
27$13,786,231$5,056,863$406,694$8,322,674
28$14,475,542$5,311,908$427,028$8,736,606
29$15,199,319$5,579,705$448,380$9,171,234
30$15,959,285$5,860,893$470,799$9,627,594
Total$257,600,001$93,990,717$7,599,199$156,010,081

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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.