USA Mega

Montana Powerball Jackpot Annuity Payout Schedule for May 6, 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 $31,200,000 for a ticket purchased in Montana, 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:

Montana

Drawing Date:Wed, May 6, 2026
Jackpot:$31,200,000
Federal Tax:37% marginal rate
State Tax: 5.65%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$469,605$133,131$26,533$309,941
2$493,085$141,349$27,859$323,877
3$517,739$149,978$29,252$338,509
4$543,626$159,038$30,715$353,873
5$570,808$168,552$32,251$370,005
6$599,348$178,541$33,863$386,944
7$629,315$189,030$35,556$404,729
8$660,781$200,446$37,334$423,001
9$693,820$212,671$39,201$441,949
10$728,511$225,506$41,161$461,844
11$764,937$238,984$43,219$482,734
12$803,184$253,135$45,380$504,669
13$843,343$267,994$47,649$527,700
14$885,510$283,596$50,031$551,883
15$929,785$299,978$52,533$577,275
16$976,275$317,179$55,160$603,936
17$1,025,088$335,240$57,917$631,931
18$1,076,343$354,204$60,813$661,325
19$1,130,160$374,116$63,854$692,189
20$1,186,668$395,024$67,047$724,597
21$1,246,001$416,978$70,399$758,624
22$1,308,301$440,029$73,919$794,354
23$1,373,716$464,232$77,615$831,869
24$1,442,402$489,646$81,496$871,260
25$1,514,522$516,331$85,571$912,621
26$1,590,248$544,349$89,849$956,050
27$1,669,761$573,769$94,341$1,001,651
28$1,753,249$604,659$99,059$1,049,531
29$1,840,911$637,094$104,011$1,099,805
30$1,932,957$671,151$109,212$1,152,594
Total$31,200,000$10,235,930$1,762,800$19,201,270

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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.