USA Mega

Mississippi Powerball Jackpot Annuity Payout Schedule for Apr 21, 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 $139,200,000 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, Apr 21, 2025
Jackpot:$139,200,000
Federal Tax:37% marginal rate
State Tax: 4%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$2,095,160$731,166$83,806$1,280,187
2$2,199,918$769,927$87,997$1,341,994
3$2,309,914$810,625$92,397$1,406,892
4$2,425,409$853,359$97,016$1,475,034
5$2,546,680$898,229$101,867$1,546,584
6$2,674,014$945,342$106,961$1,621,711
7$2,807,715$994,812$112,309$1,700,594
8$2,948,100$1,046,754$117,924$1,783,422
9$3,095,505$1,101,294$123,820$1,870,391
10$3,250,280$1,158,561$130,011$1,961,708
11$3,412,795$1,218,691$136,512$2,057,592
12$3,583,434$1,281,828$143,337$2,158,269
13$3,762,606$1,348,121$150,504$2,263,980
14$3,950,736$1,417,730$158,029$2,374,977
15$4,148,273$1,490,818$165,931$2,491,524
16$4,355,687$1,567,561$174,227$2,613,898
17$4,573,471$1,648,142$182,939$2,742,391
18$4,802,145$1,732,751$192,086$2,877,308
19$5,042,252$1,821,590$201,690$3,018,971
20$5,294,364$1,914,872$211,775$3,167,718
21$5,559,083$2,012,818$222,363$3,323,901
22$5,837,037$2,115,661$233,481$3,487,894
23$6,128,889$2,223,646$245,156$3,660,087
24$6,435,333$2,337,030$257,413$3,840,889
25$6,757,100$2,456,084$270,284$4,030,731
26$7,094,955$2,581,090$283,798$4,230,066
27$7,449,702$2,712,347$297,988$4,439,367
28$7,822,187$2,850,167$312,887$4,659,133
29$8,213,297$2,994,877$328,532$4,889,888
30$8,623,962$3,146,823$344,958$5,132,180
Total$139,200,000$50,182,716$5,567,998$83,449,281

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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.