USA Mega

Ohio Powerball Jackpot Annuity Payout Schedule for Jul 1, 1992

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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 $6,100,000 for a ticket purchased in Ohio, 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:

Ohio

Drawing Date:Wed, Jul 1, 1992
Jackpot:$6,100,000
Federal Tax:37% marginal rate
State Tax: 2.75%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$108,764$18,701$2,991$87,071
2$113,114$19,745$3,111$90,258
3$117,639$20,831$3,235$93,572
4$122,344$21,961$3,364$97,019
5$127,238$23,135$3,499$100,604
6$132,328$24,357$3,639$104,332
7$137,621$25,627$3,785$108,209
8$143,125$26,948$3,936$112,241
9$148,851$28,322$4,093$116,435
10$154,805$29,751$4,257$120,796
11$160,997$31,237$4,427$125,332
12$167,437$32,783$4,605$130,049
13$174,134$34,390$4,789$134,955
14$181,099$36,062$4,980$140,057
15$188,343$37,800$5,179$145,364
16$195,877$39,609$5,387$150,882
17$203,712$41,644$5,602$156,466
18$211,861$44,251$5,826$161,783
19$220,335$46,963$6,059$167,313
20$229,149$49,784$6,302$173,063
21$238,314$52,717$6,554$179,044
22$247,847$55,767$6,816$185,264
23$257,761$58,986$7,088$191,687
24$268,071$62,594$7,372$198,105
25$278,794$66,347$7,667$204,780
26$289,946$70,250$7,974$211,722
27$301,544$74,310$8,292$218,942
28$313,606$78,531$8,624$226,450
29$326,150$82,922$8,969$234,259
30$339,196$87,488$9,328$242,380
Total$6,100,000$1,323,813$167,750$4,608,434

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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.