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Mississippi Powerball Jackpot Annuity Payout Schedule for Oct 20, 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 $304,700,000 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:Mon, Oct 20, 2025
Jackpot:$304,700,000
Federal Tax:37% marginal rate
State Tax: 4%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$4,586,172$1,652,841$183,447$2,749,884
2$4,815,481$1,737,685$192,619$2,885,177
3$5,056,255$1,826,772$202,250$3,027,233
4$5,309,068$1,920,312$212,363$3,176,393
5$5,574,521$2,018,530$222,981$3,333,010
6$5,853,247$2,121,659$234,130$3,497,459
7$6,145,910$2,229,944$245,836$3,670,129
8$6,453,205$2,343,643$258,128$3,851,434
9$6,775,865$2,463,027$271,035$4,041,803
10$7,114,658$2,588,381$284,586$4,241,691
11$7,470,391$2,720,002$298,816$4,451,574
12$7,843,911$2,858,204$313,756$4,671,950
13$8,236,107$3,003,317$329,444$4,903,346
14$8,647,912$3,155,685$345,916$5,146,311
15$9,080,307$3,315,671$363,212$5,401,424
16$9,534,323$3,483,657$381,373$5,669,293
17$10,011,039$3,660,042$400,442$5,950,556
18$10,511,591$3,845,246$420,464$6,245,881
19$11,037,170$4,039,710$441,487$6,555,973
20$11,589,029$4,243,898$463,561$6,881,570
21$12,168,480$4,458,295$486,739$7,223,446
22$12,776,904$4,683,412$511,076$7,582,416
23$13,415,750$4,919,785$536,630$7,959,335
24$14,086,537$5,167,976$563,461$8,355,100
25$14,790,864$5,428,577$591,635$8,770,652
26$15,530,407$5,702,208$621,216$9,206,983
27$16,306,928$5,989,520$652,277$9,665,130
28$17,122,274$6,291,199$684,891$10,146,184
29$17,978,387$6,607,961$719,135$10,651,291
30$18,877,307$6,940,561$755,092$11,181,654
Total$304,700,001$111,417,720$12,187,998$181,094,282

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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.