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Indiana Powerball Jackpot Annuity Payout Schedule for Dec 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 $1,058,800,000 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, Dec 13, 2025
Jackpot:$1,058,800,000
Federal Tax:37% marginal rate
State Tax: 2.95%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$15,936,459$5,852,447$470,126$9,613,887
2$16,733,283$6,147,272$493,632$10,092,379
3$17,569,946$6,456,837$518,313$10,594,796
4$18,448,444$6,781,882$544,229$11,122,334
5$19,370,866$7,123,178$571,441$11,676,248
6$20,339,409$7,481,539$600,013$12,257,858
7$21,356,380$7,857,818$630,013$12,868,549
8$22,424,199$8,252,911$661,514$13,509,774
9$23,545,409$8,667,759$694,590$14,183,061
10$24,722,679$9,103,349$729,319$14,890,012
11$25,958,813$9,560,718$765,785$15,632,310
12$27,256,754$10,040,956$804,074$16,411,724
13$28,619,592$10,545,206$844,278$17,230,108
14$30,050,571$11,074,669$886,492$18,089,411
15$31,553,100$11,630,604$930,816$18,991,679
16$33,130,755$12,214,337$977,357$19,939,061
17$34,787,292$12,827,255$1,026,225$20,933,812
18$36,526,657$13,470,820$1,077,536$21,978,300
19$38,352,990$14,146,563$1,131,413$23,075,013
20$40,270,640$14,856,094$1,187,984$24,226,562
21$42,284,171$15,601,101$1,247,383$25,435,688
22$44,398,380$16,383,358$1,309,752$26,705,270
23$46,618,299$17,204,728$1,375,240$28,038,331
24$48,949,213$18,067,166$1,444,002$29,438,045
25$51,396,674$18,972,727$1,516,202$30,907,746
26$53,966,509$19,923,565$1,592,012$32,450,931
27$56,664,834$20,921,946$1,671,613$34,071,276
28$59,498,075$21,970,245$1,755,193$35,772,637
29$62,472,979$23,070,959$1,842,953$37,559,067
30$65,596,628$24,226,710$1,935,101$39,434,818
Total$1,058,800,002$390,434,719$31,234,601$637,130,687

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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.