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Indiana Powerball Jackpot Annuity Payout Schedule for Jun 13, 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 $256,800,000 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, Jun 13, 2026
Jackpot:$256,800,000
Federal Tax:37% marginal rate
State Tax: 2.95%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$3,865,209$1,386,084$114,024$2,365,100
2$4,058,469$1,457,591$119,725$2,481,153
3$4,261,392$1,532,672$125,711$2,603,009
4$4,474,462$1,611,508$131,997$2,730,957
5$4,698,185$1,694,286$138,596$2,865,303
6$4,933,094$1,781,202$145,526$3,006,366
7$5,179,749$1,872,464$152,803$3,154,482
8$5,438,737$1,968,290$160,443$3,310,004
9$5,710,673$2,068,906$168,465$3,473,302
10$5,996,207$2,174,554$176,888$3,644,765
11$6,296,017$2,285,484$185,733$3,824,801
12$6,610,818$2,401,960$195,019$4,013,839
13$6,941,359$2,524,260$204,770$4,212,329
14$7,288,427$2,652,675$215,009$4,420,743
15$7,652,849$2,787,511$225,759$4,639,578
16$8,035,491$2,929,089$237,047$4,869,355
17$8,437,265$3,077,745$248,899$5,110,621
18$8,859,129$3,233,835$261,344$5,363,950
19$9,302,085$3,397,729$274,412$5,629,945
20$9,767,189$3,569,817$288,132$5,909,240
21$10,255,549$3,750,510$302,539$6,202,500
22$10,768,326$3,940,238$317,666$6,510,423
23$11,306,743$4,139,452$333,549$6,833,742
24$11,872,080$4,348,627$350,226$7,173,227
25$12,465,684$4,568,260$367,738$7,529,686
26$13,088,968$4,798,875$386,125$7,903,968
27$13,743,416$5,041,021$405,431$8,296,964
28$14,430,587$5,295,274$425,702$8,709,610
29$15,152,117$5,562,240$446,987$9,142,889
30$15,909,722$5,842,555$469,337$9,597,831
Total$256,800,001$93,694,714$7,575,602$155,529,682

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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.