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Indiana Powerball Jackpot Annuity Payout Schedule for Dec 31, 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 $53,400,000 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, Dec 31, 2025
Jackpot:$53,400,000
Federal Tax:37% marginal rate
State Tax: 2.95%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$803,747$253,344$23,711$526,693
2$843,934$268,213$24,896$550,825
3$886,131$283,826$26,141$576,164
4$930,437$300,219$27,448$602,770
5$976,959$317,432$28,820$630,707
6$1,025,807$335,506$30,261$660,040
7$1,077,097$354,483$31,774$690,840
8$1,130,952$374,410$33,363$723,180
9$1,187,500$395,332$35,031$757,136
10$1,246,875$417,301$36,783$792,791
11$1,309,219$440,368$38,622$830,229
12$1,374,680$464,589$40,553$869,538
13$1,443,413$490,020$42,581$910,813
14$1,515,584$516,723$44,710$954,151
15$1,591,363$544,762$46,945$999,656
16$1,670,932$574,202$49,292$1,047,437
17$1,754,478$605,114$51,757$1,097,607
18$1,842,202$637,572$54,345$1,150,285
19$1,934,312$671,653$57,062$1,205,597
20$2,031,028$707,438$59,915$1,263,675
21$2,132,579$745,012$62,911$1,324,656
22$2,239,208$784,464$66,057$1,388,687
23$2,351,168$825,890$69,359$1,455,919
24$2,468,727$869,386$72,827$1,526,513
25$2,592,163$915,058$76,469$1,600,637
26$2,721,771$963,013$80,292$1,678,466
27$2,857,860$1,013,365$84,307$1,760,188
28$3,000,753$1,066,236$88,522$1,845,995
29$3,150,791$1,121,750$92,948$1,936,092
30$3,308,330$1,180,039$97,596$2,030,695
Total$53,400,000$18,436,720$1,575,298$33,387,982

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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.