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Indiana Powerball Jackpot Annuity Payout Schedule for Oct 15, 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 $273,100,000 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:Wed, Oct 15, 2025
Jackpot:$273,100,000
Federal Tax:37% marginal rate
State Tax: 2.95%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$4,110,547$1,476,860$121,261$2,512,426
2$4,316,074$1,552,905$127,324$2,635,845
3$4,531,878$1,632,752$133,690$2,765,435
4$4,758,472$1,716,592$140,375$2,901,505
5$4,996,395$1,804,624$147,394$3,044,378
6$5,246,215$1,897,057$154,763$3,194,395
7$5,508,526$1,994,112$162,502$3,351,913
8$5,783,952$2,096,020$170,627$3,517,306
9$6,073,150$2,203,023$179,158$3,690,969
10$6,376,807$2,315,376$188,116$3,873,316
11$6,695,648$2,433,347$197,522$4,064,779
12$7,030,430$2,557,216$207,398$4,265,816
13$7,381,952$2,687,279$217,768$4,476,905
14$7,751,049$2,823,846$228,656$4,698,548
15$8,138,602$2,967,240$240,089$4,931,273
16$8,545,532$3,117,804$252,093$5,175,635
17$8,972,808$3,275,896$264,698$5,432,214
18$9,421,449$3,441,893$277,933$5,701,623
19$9,892,521$3,616,190$291,829$5,984,502
20$10,387,147$3,799,202$306,421$6,281,525
21$10,906,505$3,991,364$321,742$6,593,399
22$11,451,830$4,193,134$337,829$6,920,867
23$12,024,421$4,404,993$354,720$7,264,708
24$12,625,642$4,627,445$372,456$7,625,741
25$13,256,925$4,861,019$391,079$8,004,826
26$13,919,771$5,106,273$410,633$8,402,865
27$14,615,760$5,363,788$431,165$8,820,806
28$15,346,547$5,634,180$452,723$9,259,644
29$16,113,875$5,918,091$475,359$9,720,425
30$16,919,569$6,216,198$499,127$10,204,244
Total$273,100,001$99,725,719$8,056,450$165,317,833

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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.