USA Mega

Oklahoma Powerball Jackpot Annuity Payout Schedule for Mar 24, 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 $461,600,000 for a ticket purchased in Oklahoma, 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:

Oklahoma

Drawing Date:Mon, Mar 24, 2025
Jackpot:$461,600,000
Federal Tax:37% marginal rate
State Tax: 4.5%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$6,947,742$2,526,622$312,648$4,108,472
2$7,295,130$2,655,155$328,281$4,311,694
3$7,659,886$2,790,115$344,695$4,525,076
4$8,042,881$2,931,823$361,930$4,749,128
5$8,445,024$3,080,616$380,026$4,984,382
6$8,867,276$3,236,849$399,027$5,231,399
7$9,310,640$3,400,894$418,979$5,490,767
8$9,776,171$3,573,141$439,928$5,763,103
9$10,264,980$3,754,000$461,924$6,049,056
10$10,778,229$3,943,902$485,020$6,349,307
11$11,317,140$4,143,299$509,271$6,664,570
12$11,882,997$4,352,666$534,735$6,995,596
13$12,477,147$4,572,502$561,472$7,343,174
14$13,101,005$4,803,329$589,545$7,708,131
15$13,756,055$5,045,698$619,022$8,091,335
16$14,443,858$5,300,185$649,974$8,493,700
17$15,166,050$5,567,396$682,472$8,916,182
18$15,924,353$5,847,968$716,596$9,359,789
19$16,720,570$6,142,568$752,426$9,825,576
20$17,556,599$6,451,899$790,047$10,314,653
21$18,434,429$6,776,696$829,549$10,828,184
22$19,356,150$7,117,733$871,027$11,367,391
23$20,323,958$7,475,822$914,578$11,933,558
24$21,340,156$7,851,815$960,307$12,528,034
25$22,407,164$8,246,608$1,008,322$13,152,233
26$23,527,522$8,661,140$1,058,738$13,807,643
27$24,703,898$9,096,400$1,111,675$14,495,823
28$25,939,093$9,553,422$1,167,259$15,218,412
29$27,236,047$10,033,295$1,225,622$15,977,131
30$28,597,850$10,537,162$1,286,903$16,773,785
Total$461,600,001$169,470,720$20,771,998$271,357,284

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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.