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Massachusetts Powerball Jackpot Annuity Payout Schedule for Jul 23, 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 $326,100,000 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:Wed, Jul 23, 2025
Jackpot:$326,100,000
Federal Tax:37% marginal rate
State Tax: 9%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$4,908,273$1,772,018$441,745$2,694,510
2$5,153,687$1,862,821$463,832$2,827,034
3$5,411,371$1,958,164$487,023$2,966,183
4$5,681,940$2,058,275$511,375$3,112,290
5$5,966,036$2,163,391$536,943$3,265,702
6$6,264,338$2,273,762$563,790$3,426,785
7$6,577,555$2,389,653$591,980$3,595,923
8$6,906,433$2,511,337$621,579$3,773,517
9$7,251,755$2,639,107$652,658$3,959,990
10$7,614,342$2,773,264$685,291$4,155,788
11$7,995,060$2,914,129$719,555$4,361,375
12$8,394,813$3,062,038$755,533$4,577,242
13$8,814,553$3,217,342$793,310$4,803,901
14$9,255,281$3,380,411$832,975$5,041,894
15$9,718,045$3,551,634$874,624$5,291,787
16$10,203,947$3,731,418$918,355$5,554,174
17$10,714,144$3,920,191$964,273$5,829,681
18$11,249,852$4,118,402$1,012,487$6,118,963
19$11,812,344$4,326,525$1,063,111$6,422,709
20$12,402,961$4,545,053$1,116,267$6,741,642
21$13,023,109$4,774,508$1,172,080$7,076,522
22$13,674,265$5,015,435$1,230,684$7,428,146
23$14,357,978$5,268,409$1,292,218$7,797,351
24$15,075,877$5,534,032$1,356,829$8,185,016
25$15,829,671$5,812,935$1,424,670$8,592,065
26$16,621,155$6,105,784$1,495,904$9,019,466
27$17,452,212$6,413,276$1,570,699$9,468,237
28$18,324,823$6,736,142$1,649,234$9,939,447
29$19,241,064$7,075,151$1,731,696$10,434,217
30$20,203,117$7,431,111$1,818,281$10,953,726
Total$326,100,001$119,335,718$29,349,001$177,415,283

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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.