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Indiana Powerball Jackpot Annuity Payout Schedule for Nov 19, 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 $592,400,000 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:Wed, Nov 19, 2025
Jackpot:$592,400,000
Federal Tax:37% marginal rate
State Tax: 2.95%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$8,916,470$3,255,051$263,036$5,398,383
2$9,362,294$3,420,006$276,188$5,666,100
3$9,830,408$3,593,208$289,997$5,947,203
4$10,321,929$3,775,071$304,497$6,242,361
5$10,838,025$3,966,026$319,722$6,552,277
6$11,379,926$4,166,530$335,708$6,877,689
7$11,948,923$4,377,059$352,493$7,219,371
8$12,546,369$4,598,114$370,118$7,578,137
9$13,173,688$4,830,222$388,624$7,954,842
10$13,832,372$5,073,935$408,055$8,350,382
11$14,523,990$5,329,834$428,458$8,765,699
12$15,250,190$5,598,528$449,881$9,201,782
13$16,012,699$5,880,656$472,375$9,659,669
14$16,813,334$6,176,891$495,993$10,140,450
15$17,654,001$6,487,938$520,793$10,645,270
16$18,536,701$6,814,537$546,833$11,175,332
17$19,463,536$7,157,466$574,174$11,731,896
18$20,436,713$7,517,541$602,883$12,316,289
19$21,458,548$7,895,620$633,027$12,929,901
20$22,531,476$8,292,603$664,679$13,574,194
21$23,658,050$8,709,436$697,912$14,250,702
22$24,840,952$9,147,110$732,808$14,961,035
23$26,083,000$9,606,667$769,448$15,706,884
24$27,387,150$10,089,203$807,921$16,490,026
25$28,756,507$10,595,865$848,317$17,312,325
26$30,194,333$11,127,860$890,733$18,175,740
27$31,704,050$11,686,456$935,269$19,082,325
28$33,289,252$12,272,980$982,033$20,034,238
29$34,953,714$12,888,832$1,031,135$21,033,748
30$36,701,400$13,535,475$1,082,691$22,083,234
Total$592,400,001$217,866,720$17,475,801$357,057,484

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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.