USA Mega

Mississippi Powerball Jackpot Annuity Payout Schedule for Mar 15, 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 $380,600,000 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:Sat, Mar 15, 2025
Jackpot:$380,600,000
Federal Tax:37% marginal rate
State Tax: 4%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$5,728,576$2,075,530$229,143$3,423,903
2$6,015,005$2,181,509$240,600$3,592,896
3$6,315,755$2,292,787$252,630$3,770,338
4$6,631,543$2,409,628$265,262$3,956,653
5$6,963,120$2,532,312$278,525$4,152,284
6$7,311,276$2,661,129$292,451$4,357,696
7$7,676,840$2,796,388$307,074$4,573,378
8$8,060,682$2,938,410$322,427$4,799,845
9$8,463,716$3,087,532$338,549$5,037,635
10$8,886,902$3,244,111$355,476$5,287,315
11$9,331,247$3,408,519$373,250$5,549,479
12$9,797,809$3,581,147$391,912$5,824,750
13$10,287,700$3,762,406$411,508$6,113,786
14$10,802,085$3,952,729$432,083$6,417,273
15$11,342,189$4,152,567$453,688$6,735,934
16$11,909,299$4,362,398$476,372$7,070,529
17$12,504,763$4,582,720$500,191$7,421,853
18$13,130,002$4,814,058$525,200$7,790,744
19$13,786,502$5,056,963$551,460$8,178,079
20$14,475,827$5,312,013$579,033$8,584,781
21$15,199,618$5,579,816$607,985$9,011,817
22$15,959,599$5,861,009$638,384$9,460,206
23$16,757,579$6,156,261$670,303$9,931,014
24$17,595,458$6,466,277$703,818$10,425,363
25$18,475,231$6,791,793$739,009$10,944,429
26$19,398,992$7,133,584$775,960$11,489,448
27$20,368,942$7,492,466$814,758$12,061,719
28$21,387,389$7,869,291$855,496$12,662,602
29$22,456,758$8,264,958$898,270$13,293,530
30$23,579,596$8,680,408$943,184$13,956,005
Total$380,600,001$139,500,719$15,224,001$225,875,284

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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.