USA Mega

Ohio Powerball Jackpot Annuity Payout Schedule for Mar 7, 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 $36,600,000 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, Mar 7, 2026
Jackpot:$36,600,000
Federal Tax:37% marginal rate
State Tax: 2.75%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$550,883$161,578$15,149$374,155
2$578,427$171,219$15,907$391,301
3$607,348$181,341$16,702$409,305
4$637,715$191,970$17,537$428,209
5$669,601$203,710$18,414$447,477
6$703,081$216,097$19,335$467,649
7$738,235$229,104$20,301$488,830
8$775,147$242,762$21,317$511,069
9$813,904$257,102$22,382$534,420
10$854,600$272,159$23,501$558,939
11$897,330$287,969$24,677$584,684
12$942,196$304,570$25,910$611,716
13$989,306$322,000$27,206$640,100
14$1,038,771$340,303$28,566$669,902
15$1,090,710$359,520$29,995$701,195
16$1,145,245$379,698$31,494$734,053
17$1,202,507$400,885$33,069$768,553
18$1,262,633$423,131$34,722$804,779
19$1,325,764$446,490$36,459$842,816
20$1,392,053$471,017$38,281$882,755
21$1,461,655$496,770$40,196$924,690
22$1,534,738$523,810$42,205$968,722
23$1,611,475$552,203$44,316$1,014,956
24$1,692,049$582,015$46,531$1,063,502
25$1,776,651$613,318$48,858$1,114,475
26$1,865,484$646,186$51,301$1,167,997
27$1,958,758$680,698$53,866$1,224,194
28$2,056,696$716,935$56,559$1,283,202
29$2,159,531$754,984$59,387$1,345,160
30$2,267,507$794,935$62,356$1,410,216
Total$36,600,000$12,224,479$1,006,499$23,369,021

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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.