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Indiana Powerball Jackpot Annuity Payout Schedule for Mar 18, 2026

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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 $102,900,000 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, Mar 18, 2026
Jackpot:$102,900,000
Federal Tax:37% marginal rate
State Tax: 2.95%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$1,548,793$529,011$45,689$974,093
2$1,626,232$557,663$47,974$1,020,595
3$1,707,544$587,748$50,373$1,069,423
4$1,792,921$619,338$52,891$1,120,692
5$1,882,567$652,507$55,536$1,174,524
6$1,976,696$687,335$58,313$1,231,048
7$2,075,530$723,903$61,228$1,290,399
8$2,179,307$762,301$64,290$1,352,717
9$2,288,272$802,618$67,504$1,418,150
10$2,402,686$844,951$70,879$1,486,856
11$2,522,820$889,401$74,423$1,558,996
12$2,648,961$936,073$78,144$1,634,744
13$2,781,409$985,079$82,052$1,714,279
14$2,920,480$1,036,535$86,154$1,797,791
15$3,066,504$1,090,564$90,462$1,885,478
16$3,219,829$1,147,294$94,985$1,977,550
17$3,380,820$1,206,861$99,734$2,074,225
18$3,549,861$1,269,406$104,721$2,175,734
19$3,727,354$1,335,078$109,957$2,282,319
20$3,913,722$1,404,034$115,455$2,394,233
21$4,109,408$1,476,438$121,228$2,511,742
22$4,314,878$1,552,462$127,289$2,635,127
23$4,530,622$1,632,288$133,653$2,764,681
24$4,757,153$1,716,104$140,336$2,900,713
25$4,995,011$1,804,111$147,353$3,043,547
26$5,244,762$1,896,519$154,720$3,193,522
27$5,507,000$1,993,547$162,456$3,350,996
28$5,782,350$2,095,427$170,579$3,516,344
29$6,071,467$2,202,400$179,108$3,689,959
30$6,375,041$2,314,722$188,064$3,872,255
Total$102,900,000$36,751,718$3,035,550$63,112,732

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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.