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Mississippi Powerball Jackpot Annuity Payout Schedule for May 14, 2025

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The tax information provided here is based on 2025 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 $106,000,000 for a ticket purchased in Mississippi, 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:

Mississippi

Drawing Date:Wed, May 14, 2025
Jackpot:$106,000,000
Federal Tax:37% marginal rate
State Tax: 4.4%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$1,595,452$547,338$70,200$977,915
2$1,675,225$576,853$73,710$1,024,661
3$1,758,986$607,845$77,395$1,073,746
4$1,846,935$640,386$81,265$1,125,284
5$1,939,282$674,555$85,328$1,179,399
6$2,036,246$710,431$89,595$1,236,220
7$2,138,058$748,102$94,075$1,295,882
8$2,244,961$787,656$98,778$1,358,527
9$2,357,209$829,188$103,717$1,424,304
10$2,475,070$872,796$108,903$1,493,371
11$2,598,823$918,585$114,348$1,565,890
12$2,728,765$966,663$120,066$1,642,036
13$2,865,203$1,017,145$126,069$1,721,989
14$3,008,463$1,070,152$132,372$1,805,939
15$3,158,886$1,125,808$138,991$1,894,087
16$3,316,830$1,184,248$145,941$1,986,642
17$3,482,672$1,245,609$153,238$2,083,825
18$3,656,805$1,310,038$160,899$2,185,868
19$3,839,646$1,377,689$168,944$2,293,012
20$4,031,628$1,448,723$177,392$2,405,514
21$4,233,209$1,523,308$186,261$2,523,640
22$4,444,870$1,601,622$195,574$2,647,674
23$4,667,113$1,683,852$205,353$2,777,908
24$4,900,469$1,770,194$215,621$2,914,655
25$5,145,492$1,860,852$226,402$3,058,238
26$5,402,767$1,956,044$237,722$3,209,001
27$5,672,906$2,055,995$249,608$3,367,302
28$5,956,551$2,160,944$262,088$3,533,518
29$6,254,378$2,271,140$275,193$3,708,045
30$6,567,097$2,386,846$288,952$3,891,299
Total$106,000,000$37,930,607$4,664,000$63,405,391

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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.