USA Mega

Mississippi Powerball Jackpot Annuity Payout Schedule for May 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 $83,600,000 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, May 10, 2025
Jackpot:$83,600,000
Federal Tax:37% marginal rate
State Tax: 4%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$1,258,300$421,528$50,332$786,440
2$1,321,215$444,807$52,849$823,560
3$1,387,276$469,249$55,491$862,535
4$1,456,640$494,914$58,266$903,460
5$1,529,471$521,862$61,179$946,431
6$1,605,945$550,157$64,238$991,550
7$1,686,242$579,867$67,450$1,038,926
8$1,770,554$611,062$70,822$1,088,670
9$1,859,082$643,818$74,363$1,140,901
10$1,952,036$678,211$78,081$1,195,744
11$2,049,638$714,323$81,986$1,253,329
12$2,152,120$752,242$86,085$1,313,794
13$2,259,726$792,056$90,389$1,377,281
14$2,372,712$833,861$94,908$1,443,943
15$2,491,348$877,756$99,654$1,513,938
16$2,615,915$923,846$104,637$1,587,433
17$2,746,711$972,240$109,868$1,664,602
18$2,884,047$1,023,054$115,362$1,745,630
19$3,028,249$1,076,409$121,130$1,830,710
20$3,179,661$1,132,432$127,186$1,920,043
21$3,338,644$1,191,256$133,546$2,013,843
22$3,505,577$1,253,021$140,223$2,112,333
23$3,680,855$1,317,874$147,234$2,215,747
24$3,864,898$1,385,970$154,596$2,324,333
25$4,058,143$1,457,470$162,326$2,438,347
26$4,261,050$1,532,546$170,442$2,558,062
27$4,474,103$1,611,375$178,964$2,683,763
28$4,697,808$1,694,146$187,912$2,815,749
29$4,932,698$1,781,056$197,308$2,954,335
30$5,179,333$1,872,311$207,173$3,099,849
Total$83,600,000$29,610,719$3,344,000$50,645,281

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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.