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Massachusetts Powerball Jackpot Annuity Payout Schedule for Aug 22, 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 $69,200,000 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:Sat, Aug 22, 2026
Jackpot:$69,200,000
Federal Tax:37% marginal rate
State Tax: 9%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$1,041,559$341,334$93,740$606,485
2$1,093,637$360,603$98,427$634,607
3$1,148,319$380,835$103,349$664,135
4$1,205,735$402,079$108,516$695,140
5$1,266,022$424,385$113,942$727,695
6$1,329,323$447,807$119,639$761,877
7$1,395,789$472,399$125,621$797,769
8$1,465,579$498,221$131,902$835,455
9$1,538,857$525,335$138,497$875,026
10$1,615,800$553,803$145,422$916,575
11$1,696,590$583,696$152,693$960,202
12$1,781,420$615,083$160,328$1,006,009
13$1,870,491$648,039$168,344$1,054,108
14$1,964,015$682,643$176,761$1,104,611
15$2,062,216$718,977$185,599$1,157,639
16$2,165,327$757,128$194,879$1,213,319
17$2,273,593$797,187$204,623$1,271,783
18$2,387,273$839,248$214,855$1,333,170
19$2,506,637$883,413$225,597$1,397,627
20$2,631,969$929,786$236,877$1,465,306
21$2,763,567$978,477$248,721$1,536,369
22$2,901,745$1,029,603$261,157$1,610,985
23$3,046,833$1,083,285$274,215$1,689,332
24$3,199,174$1,139,652$287,926$1,771,597
25$3,359,133$1,198,836$302,322$1,857,974
26$3,527,090$1,260,980$317,438$1,948,671
27$3,703,444$1,326,232$333,310$2,043,903
28$3,888,616$1,394,745$349,975$2,143,895
29$4,083,047$1,466,685$367,474$2,248,888
30$4,287,199$1,542,221$385,848$2,359,130
Total$69,200,000$24,282,717$6,227,997$38,689,282

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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.