USA Mega

Mississippi Powerball Jackpot Annuity Payout Schedule for Feb 10, 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 $141,500,000 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, Feb 10, 2025
Jackpot:$141,500,000
Federal Tax:37% marginal rate
State Tax: 4%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$2,129,778$743,975$85,191$1,300,612
2$2,236,267$783,376$89,451$1,363,440
3$2,348,080$824,747$93,923$1,429,410
4$2,465,484$868,186$98,619$1,498,679
5$2,588,758$913,798$103,550$1,571,410
6$2,718,196$961,690$108,728$1,647,779
7$2,854,106$1,011,977$114,164$1,727,966
8$2,996,812$1,064,778$119,872$1,812,162
9$3,146,652$1,120,219$125,866$1,900,568
10$3,303,985$1,178,432$132,159$1,993,394
11$3,469,184$1,239,555$138,767$2,090,861
12$3,642,643$1,303,735$145,706$2,193,202
13$3,824,775$1,371,124$152,991$2,300,660
14$4,016,014$1,441,883$160,641$2,413,491
15$4,216,815$1,516,179$168,673$2,531,964
16$4,427,656$1,594,190$177,106$2,656,360
17$4,649,038$1,676,101$185,962$2,786,975
18$4,881,490$1,762,109$195,260$2,924,122
19$5,125,565$1,852,416$205,023$3,068,126
20$5,381,843$1,947,239$215,274$3,219,330
21$5,650,935$2,046,803$226,037$3,378,095
22$5,933,482$2,151,346$237,339$3,544,797
23$6,230,156$2,261,115$249,206$3,719,835
24$6,541,664$2,376,373$261,667$3,903,624
25$6,868,747$2,497,394$274,750$4,096,604
26$7,212,185$2,624,466$288,487$4,299,232
27$7,572,794$2,757,891$302,912$4,511,991
28$7,951,433$2,897,988$318,057$4,735,388
29$8,349,005$3,045,089$333,960$4,969,956
30$8,766,455$3,199,546$350,658$5,216,251
Total$141,500,000$51,033,720$5,659,999$84,806,284

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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.