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Indiana Powerball Jackpot Annuity Payout Schedule for Nov 10, 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 $492,300,000 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, Nov 10, 2025
Jackpot:$492,300,000
Federal Tax:37% marginal rate
State Tax: 2.95%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$7,409,821$2,697,591$218,590$4,493,641
2$7,780,313$2,834,673$229,519$4,716,120
3$8,169,328$2,978,609$240,995$4,949,724
4$8,577,795$3,129,741$253,045$5,195,009
5$9,006,684$3,288,430$265,697$5,452,557
6$9,457,019$3,455,054$278,982$5,722,982
7$9,929,870$3,630,009$292,931$6,006,930
8$10,426,363$3,813,712$307,578$6,305,074
9$10,947,681$4,006,599$322,957$6,618,125
10$11,495,065$4,209,131$339,104$6,946,829
11$12,069,819$4,421,790$356,060$7,291,969
12$12,673,309$4,645,082$373,863$7,654,365
13$13,306,975$4,879,538$392,556$8,034,881
14$13,972,324$5,125,717$412,184$8,434,423
15$14,670,940$5,384,205$432,793$8,853,942
16$15,404,487$5,655,617$454,432$9,294,437
17$16,174,711$5,940,600$477,154$9,756,957
18$16,983,447$6,239,833$501,012$10,242,602
19$17,832,619$6,554,026$526,062$10,752,530
20$18,724,250$6,883,930$552,365$11,287,955
21$19,660,462$7,230,328$579,984$11,850,150
22$20,643,485$7,594,047$608,983$12,440,456
23$21,675,660$7,975,951$639,432$13,060,276
24$22,759,443$8,376,951$671,404$13,711,088
25$23,897,415$8,798,001$704,974$14,394,440
26$25,092,286$9,240,103$740,222$15,111,960
27$26,346,900$9,704,310$777,234$15,865,356
28$27,664,245$10,191,728$816,095$16,656,422
29$29,047,457$10,703,516$856,900$17,487,041
30$30,499,830$11,240,894$899,745$18,359,191
Total$492,300,001$180,829,716$14,522,852$296,947,432

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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.