USA Mega

Massachusetts Powerball Jackpot Annuity Payout Schedule for Dec 29, 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 $34,300,000 for a ticket purchased in Massachusetts, 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:

Massachusetts

Drawing Date:Mon, Dec 29, 2025
Jackpot:$34,300,000
Federal Tax:37% marginal rate
State Tax: 9%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$516,264$149,462$46,464$320,339
2$542,077$158,496$48,787$334,794
3$569,181$167,983$51,226$349,972
4$597,640$177,943$53,788$365,909
5$627,522$188,402$56,477$382,643
6$658,899$199,750$59,301$399,848
7$691,843$211,939$62,266$417,638
8$726,436$224,738$65,379$436,318
9$762,757$238,177$68,648$455,932
10$800,895$252,288$72,081$476,526
11$840,940$267,105$75,685$498,150
12$882,987$282,662$79,469$520,856
13$927,136$298,998$83,442$544,696
14$973,493$316,150$87,614$569,729
15$1,022,168$334,159$91,995$596,013
16$1,073,276$353,069$96,595$623,612
17$1,126,940$372,925$101,425$652,590
18$1,183,287$393,773$106,496$683,018
19$1,242,451$415,664$111,821$714,967
20$1,304,574$438,650$117,412$748,513
21$1,369,803$462,784$123,282$783,736
22$1,438,293$488,126$129,446$820,721
23$1,510,207$514,734$135,919$859,555
24$1,585,718$542,673$142,715$900,330
25$1,665,004$572,009$149,850$943,145
26$1,748,254$602,811$157,343$988,100
27$1,835,667$635,154$165,210$1,035,303
28$1,927,450$669,114$173,470$1,084,866
29$2,023,822$704,772$182,144$1,136,907
30$2,125,014$742,212$191,251$1,191,550
Total$34,300,000$11,376,722$3,087,001$19,836,276

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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.