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Kentucky Powerball Jackpot Annuity Payout Schedule for Mar 19, 2025

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The tax information provided here is based on 2025 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 $417,900,000 for a ticket purchased in Kentucky, 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:

Kentucky

Drawing Date:Wed, Mar 19, 2025
Jackpot:$417,900,000
Federal Tax:37% marginal rate
State Tax: 4%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$6,289,995$2,284,318$251,600$3,754,077
2$6,604,495$2,400,683$264,180$3,939,632
3$6,934,719$2,522,866$277,389$4,134,464
4$7,281,455$2,651,159$291,258$4,339,038
5$7,645,528$2,785,866$305,821$4,553,841
6$8,027,804$2,927,308$321,112$4,779,384
7$8,429,195$3,075,822$337,168$5,016,205
8$8,850,654$3,231,762$354,026$5,264,866
9$9,293,187$3,395,499$371,727$5,525,960
10$9,757,846$3,567,423$390,314$5,800,109
11$10,245,739$3,747,944$409,830$6,087,966
12$10,758,026$3,937,490$430,321$6,390,215
13$11,295,927$4,136,513$451,837$6,707,577
14$11,860,723$4,345,488$474,429$7,040,806
15$12,453,759$4,564,911$498,150$7,390,698
16$13,076,447$4,795,306$523,058$7,758,084
17$13,730,270$5,037,220$549,211$8,143,839
18$14,416,783$5,291,230$576,671$8,548,882
19$15,137,622$5,557,940$605,505$8,974,177
20$15,894,503$5,837,987$635,780$9,420,737
21$16,689,228$6,132,035$667,569$9,889,625
22$17,523,690$6,440,786$700,948$10,381,957
23$18,399,875$6,764,974$735,995$10,898,906
24$19,319,868$7,105,371$772,795$11,441,702
25$20,285,861$7,462,789$811,434$12,011,638
26$21,300,155$7,838,078$852,006$12,610,071
27$22,365,163$8,232,130$894,607$13,238,426
28$23,483,420$8,645,886$939,337$13,898,198
29$24,657,591$9,080,329$986,304$14,590,959
30$25,890,471$9,536,495$1,035,619$15,318,358
Total$417,900,001$153,333,608$16,716,001$247,850,397

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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.