USA Mega

Ohio Powerball Jackpot Annuity Payout Schedule for Feb 21, 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 $190,300,000 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:Sat, Feb 21, 2026
Jackpot:$190,300,000
Federal Tax:37% marginal rate
State Tax: 2.75%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$2,864,288$1,015,744$78,768$1,769,776
2$3,007,503$1,068,733$82,706$1,856,063
3$3,157,878$1,124,372$86,842$1,946,664
4$3,315,772$1,182,793$91,184$2,041,795
5$3,481,560$1,244,134$95,743$2,141,683
6$3,655,638$1,308,543$100,530$2,246,565
7$3,838,420$1,376,173$105,557$2,356,691
8$4,030,341$1,447,183$110,834$2,472,323
9$4,231,858$1,521,745$116,376$2,593,737
10$4,443,451$1,600,034$122,195$2,721,222
11$4,665,624$1,682,238$128,305$2,855,081
12$4,898,905$1,768,552$134,720$2,995,633
13$5,143,850$1,859,182$141,456$3,143,212
14$5,401,042$1,954,343$148,529$3,298,171
15$5,671,095$2,054,262$155,955$3,460,877
16$5,954,649$2,159,178$163,753$3,631,719
17$6,252,382$2,269,338$171,940$3,811,103
18$6,565,001$2,385,008$180,538$3,999,456
19$6,893,251$2,506,460$189,564$4,197,226
20$7,237,913$2,633,985$199,043$4,404,886
21$7,599,809$2,767,887$208,995$4,622,928
22$7,979,799$2,908,483$219,444$4,851,872
23$8,378,789$3,056,109$230,417$5,092,263
24$8,797,729$3,211,117$241,938$5,344,674
25$9,237,615$3,373,875$254,034$5,609,706
26$9,699,496$3,544,771$266,736$5,887,989
27$10,184,471$3,724,212$280,073$6,180,187
28$10,693,694$3,912,624$294,077$6,486,994
29$11,228,379$4,110,458$308,780$6,809,141
30$11,789,798$4,318,183$324,219$7,147,396
Total$190,300,000$69,089,719$5,233,251$115,977,033

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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.