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Louisiana Powerball Jackpot Annuity Payout Schedule for Oct 14, 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 $562,000,000 for a ticket purchased in Louisiana, 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:

Louisiana

Drawing Date:Wed, Oct 14, 2026
Jackpot:$562,000,000
Federal Tax:37% marginal rate
State Tax: 3%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$8,458,906$3,085,753$253,767$5,119,387
2$8,881,852$3,242,242$266,456$5,373,154
3$9,325,944$3,406,557$279,778$5,639,609
4$9,792,242$3,579,087$293,767$5,919,388
5$10,281,854$3,760,243$308,456$6,213,155
6$10,795,946$3,950,457$323,878$6,521,611
7$11,335,744$4,150,183$340,072$6,845,489
8$11,902,531$4,359,894$357,076$7,185,561
9$12,497,658$4,580,091$374,930$7,542,637
10$13,122,540$4,811,297$393,676$7,917,567
11$13,778,668$5,054,064$413,360$8,311,243
12$14,467,601$5,308,970$434,028$8,724,603
13$15,190,981$5,576,620$455,729$9,158,631
14$15,950,530$5,857,653$478,516$9,614,361
15$16,748,056$6,152,738$502,442$10,092,877
16$17,585,459$6,462,577$527,564$10,595,318
17$18,464,732$6,787,908$553,942$11,122,882
18$19,387,969$7,129,506$581,639$11,676,824
19$20,357,367$7,488,183$610,721$12,258,463
20$21,375,236$7,864,794$641,257$12,869,184
21$22,443,997$8,260,236$673,320$13,510,441
22$23,566,197$8,675,450$706,986$14,183,761
23$24,744,507$9,111,425$742,335$14,890,747
24$25,981,732$9,569,198$779,452$15,633,082
25$27,280,819$10,049,860$818,425$16,412,534
26$28,644,860$10,554,555$859,346$17,230,959
27$30,077,103$11,084,485$902,313$18,090,305
28$31,580,958$11,640,912$947,429$18,992,617
29$33,160,006$12,225,159$994,800$19,940,046
30$34,818,006$12,838,620$1,044,540$20,934,847
Total$562,000,001$206,618,717$16,860,000$338,521,283

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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.