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Mississippi Powerball Jackpot Annuity Payout Schedule for Sep 30, 2026

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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 $410,900,000 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:Wed, Sep 30, 2026
Jackpot:$410,900,000
Federal Tax:37% marginal rate
State Tax: 4%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$6,184,635$2,244,272$247,385$3,692,977
2$6,493,866$2,358,688$259,755$3,875,424
3$6,818,560$2,478,824$272,742$4,066,993
4$7,159,488$2,604,968$286,380$4,268,141
5$7,517,462$2,737,418$300,698$4,479,345
6$7,893,335$2,876,491$315,733$4,701,111
7$8,288,002$3,022,518$331,520$4,933,964
8$8,702,402$3,175,846$348,096$5,178,460
9$9,137,522$3,336,840$365,501$5,435,181
10$9,594,398$3,505,885$383,776$5,704,738
11$10,074,118$3,683,381$402,965$5,987,773
12$10,577,824$3,869,752$423,113$6,284,959
13$11,106,715$4,065,442$444,269$6,597,005
14$11,662,051$4,270,916$466,482$6,924,653
15$12,245,154$4,486,664$489,806$7,268,683
16$12,857,411$4,713,200$514,296$7,629,916
17$13,500,282$4,951,062$540,011$8,009,209
18$14,175,296$5,200,817$567,012$8,407,467
19$14,884,061$5,463,060$595,362$8,825,639
20$15,628,264$5,738,415$625,131$9,264,718
21$16,409,677$6,027,538$656,387$9,725,752
22$17,230,161$6,331,117$689,206$10,209,838
23$18,091,669$6,649,875$723,667$10,718,127
24$18,996,252$6,984,571$759,850$11,251,832
25$19,946,065$7,336,001$797,843$11,812,221
26$20,943,368$7,705,004$837,735$12,400,630
27$21,990,537$8,092,456$879,621$13,018,459
28$23,090,063$8,499,281$923,603$13,667,180
29$24,244,567$8,926,447$969,783$14,348,337
30$25,456,795$9,374,971$1,018,272$15,063,552
Total$410,900,001$150,711,720$16,436,000$243,752,284

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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.