USA Mega

Ohio Powerball Jackpot Annuity Payout Schedule for Aug 25, 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 $776,700,000 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:Mon, Aug 25, 2025
Jackpot:$776,700,000
Federal Tax:37% marginal rate
State Tax: 2.75%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$11,690,450$4,279,615$321,487$7,089,347
2$12,274,972$4,495,889$337,562$7,441,522
3$12,888,721$4,722,976$354,440$7,811,305
4$13,533,157$4,961,417$372,162$8,199,578
5$14,209,814$5,211,780$390,770$8,607,264
6$14,920,305$5,474,662$410,308$9,035,335
7$15,666,321$5,750,688$430,824$9,484,809
8$16,449,637$6,040,515$452,365$9,956,757
9$17,272,119$6,344,833$474,983$10,452,303
10$18,135,724$6,664,367$498,732$10,972,625
11$19,042,511$6,999,878$523,669$11,518,964
12$19,994,636$7,352,164$549,852$12,092,619
13$20,994,368$7,722,065$577,345$12,694,958
14$22,044,087$8,110,461$606,212$13,327,413
15$23,146,291$8,518,277$636,523$13,991,491
16$24,303,606$8,946,483$668,349$14,688,773
17$25,518,785$9,396,100$701,767$15,420,919
18$26,794,725$9,868,197$736,855$16,189,673
19$28,134,461$10,363,899$773,698$16,996,864
20$29,541,184$10,884,387$812,383$17,844,414
21$31,018,243$11,430,899$853,002$18,734,342
22$32,569,155$12,004,736$895,652$19,668,767
23$34,197,613$12,607,266$940,434$20,649,913
24$35,907,493$13,239,922$987,456$21,680,116
25$37,702,868$13,904,210$1,036,829$22,761,829
26$39,588,012$14,601,714$1,088,670$23,897,628
27$41,567,413$15,334,092$1,143,104$25,090,217
28$43,645,783$16,103,089$1,200,259$26,342,435
29$45,828,072$16,910,536$1,260,272$27,657,264
30$48,119,476$17,758,355$1,323,286$29,037,835
Total$776,700,002$286,003,472$21,359,250$469,337,279

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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.