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Pennsylvania Powerball Jackpot Annuity Payout Schedule for Feb 26, 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 $249,200,000 for a ticket purchased in Pennsylvania, 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:

Pennsylvania

Drawing Date:Wed, Feb 26, 2025
Jackpot:$249,200,000
Federal Tax:37% marginal rate
State Tax: 3.07%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$3,750,818$1,343,760$115,150$2,291,908
2$3,938,359$1,413,150$120,908$2,404,301
3$4,135,276$1,486,010$126,953$2,522,314
4$4,342,040$1,562,512$133,301$2,646,228
5$4,559,142$1,642,840$139,966$2,776,337
6$4,787,099$1,727,184$146,964$2,912,951
7$5,026,454$1,815,745$154,312$3,056,397
8$5,277,777$1,908,735$162,028$3,207,015
9$5,541,666$2,006,374$170,129$3,365,163
10$5,818,749$2,108,894$178,636$3,531,219
11$6,109,687$2,216,541$187,567$3,705,578
12$6,415,171$2,329,571$196,946$3,888,655
13$6,735,930$2,448,251$206,793$4,080,885
14$7,072,726$2,572,866$217,133$4,282,728
15$7,426,362$2,703,711$227,989$4,494,662
16$7,797,681$2,841,099$239,389$4,717,193
17$8,187,564$2,985,356$251,358$4,950,850
18$8,596,943$3,136,826$263,926$5,196,191
19$9,026,790$3,295,869$277,122$5,453,798
20$9,478,129$3,462,865$290,979$5,724,286
21$9,952,036$3,638,210$305,527$6,008,298
22$10,449,638$3,822,323$320,804$6,306,511
23$10,972,120$4,015,641$336,844$6,619,634
24$11,520,725$4,218,626$353,686$6,948,413
25$12,096,762$4,431,759$371,371$7,293,632
26$12,701,600$4,655,549$389,939$7,656,112
27$13,336,680$4,890,529$409,436$8,036,715
28$14,003,514$5,137,257$429,908$8,436,348
29$14,703,689$5,396,322$451,403$8,855,964
30$15,438,874$5,668,341$473,973$9,296,560
Total$249,200,000$90,882,716$7,650,440$150,666,846

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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.