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Minnesota Powerball Jackpot Annuity Payout Schedule for Oct 13, 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 $257,600,000 for a ticket purchased in Minnesota, 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:

Minnesota

Drawing Date:Mon, Oct 13, 2025
Jackpot:$257,600,000
Federal Tax:37% marginal rate
State Tax: 9.85%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$3,877,250$1,390,540$381,909$2,104,801
2$4,071,112$1,462,269$401,005$2,207,839
3$4,274,668$1,537,584$421,055$2,316,029
4$4,488,401$1,616,666$442,108$2,429,628
5$4,712,821$1,699,701$464,213$2,548,907
6$4,948,462$1,786,888$487,424$2,674,150
7$5,195,886$1,878,435$511,795$2,805,656
8$5,455,680$1,974,559$537,384$2,943,737
9$5,728,464$2,075,489$564,254$3,088,721
10$6,014,887$2,181,465$592,466$3,240,955
11$6,315,631$2,292,741$622,090$3,400,801
12$6,631,413$2,409,580$653,194$3,568,639
13$6,962,983$2,532,261$685,854$3,744,868
14$7,311,133$2,661,076$720,147$3,929,910
15$7,676,689$2,796,332$756,154$4,124,203
16$8,060,524$2,938,351$793,962$4,328,211
17$8,463,550$3,087,471$833,660$4,542,419
18$8,886,727$3,244,046$875,343$4,767,338
19$9,331,064$3,408,451$919,110$5,003,503
20$9,797,617$3,581,075$965,065$5,251,476
21$10,287,498$3,762,331$1,013,319$5,511,848
22$10,801,873$3,952,650$1,063,984$5,785,238
23$11,341,966$4,152,485$1,117,184$6,072,298
24$11,909,064$4,362,311$1,173,043$6,373,710
25$12,504,518$4,582,629$1,231,695$6,690,194
26$13,129,744$4,813,962$1,293,280$7,022,502
27$13,786,231$5,056,863$1,357,944$7,371,424
28$14,475,542$5,311,908$1,425,841$7,737,793
29$15,199,319$5,579,705$1,497,133$8,122,481
30$15,959,285$5,860,893$1,571,990$8,526,403
Total$257,600,001$93,990,717$25,373,605$138,235,682

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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.