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Indiana Powerball Jackpot Annuity Payout Schedule for Oct 18, 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 $290,400,000 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:Sat, Oct 18, 2025
Jackpot:$290,400,000
Federal Tax:37% marginal rate
State Tax: 2.95%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$4,370,937$1,573,204$128,943$2,668,790
2$4,589,484$1,654,066$135,390$2,800,028
3$4,818,958$1,738,972$142,159$2,937,827
4$5,059,906$1,828,122$149,267$3,082,516
5$5,312,901$1,921,731$156,731$3,234,440
6$5,578,546$2,020,019$164,567$3,393,960
7$5,857,473$2,123,222$172,795$3,561,456
8$6,150,347$2,231,586$181,435$3,737,326
9$6,457,864$2,345,367$190,507$3,921,990
10$6,780,758$2,464,838$200,032$4,115,888
11$7,119,795$2,590,282$210,034$4,319,480
12$7,475,785$2,721,998$220,536$4,533,252
13$7,849,574$2,860,300$231,562$4,757,712
14$8,242,053$3,005,517$243,141$4,993,396
15$8,654,156$3,157,995$255,298$5,240,863
16$9,086,864$3,318,097$268,062$5,500,704
17$9,541,207$3,486,204$281,466$5,773,537
18$10,018,267$3,662,716$295,539$6,060,012
19$10,519,180$3,848,054$310,316$6,360,811
20$11,045,140$4,042,659$325,832$6,676,649
21$11,597,396$4,246,994$342,123$7,008,279
22$12,177,266$4,461,546$359,229$7,356,491
23$12,786,130$4,686,825$377,191$7,722,114
24$13,425,436$4,923,369$396,050$8,106,017
25$14,096,708$5,171,739$415,853$8,509,116
26$14,801,543$5,432,528$436,646$8,932,370
27$15,541,621$5,706,357$458,478$9,376,786
28$16,318,701$5,993,877$481,402$9,843,423
29$17,134,636$6,295,773$505,472$10,333,392
30$17,991,368$6,612,764$530,745$10,847,859
Total$290,400,001$106,126,721$8,566,801$175,706,484

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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.