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Pennsylvania Powerball Jackpot Annuity Payout Schedule for Mar 1, 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 $264,700,000 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:Sat, Mar 1, 2025
Jackpot:$264,700,000
Federal Tax:37% marginal rate
State Tax: 3.07%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$3,984,115$1,430,080$122,312$2,431,723
2$4,183,321$1,503,786$128,428$2,551,107
3$4,392,487$1,581,177$134,849$2,676,460
4$4,612,111$1,662,438$141,592$2,808,081
5$4,842,716$1,747,762$148,671$2,946,283
6$5,084,852$1,837,353$156,105$3,091,395
7$5,339,095$1,931,422$163,910$3,243,762
8$5,606,050$2,030,196$172,106$3,403,748
9$5,886,352$2,133,908$180,711$3,571,734
10$6,180,670$2,242,805$189,747$3,748,118
11$6,489,703$2,357,147$199,234$3,933,322
12$6,814,189$2,477,207$209,196$4,127,786
13$7,154,898$2,603,269$219,655$4,331,973
14$7,512,643$2,735,635$230,638$4,546,370
15$7,888,275$2,874,619$242,170$4,771,486
16$8,282,689$3,020,552$254,279$5,007,858
17$8,696,823$3,173,782$266,992$5,256,049
18$9,131,664$3,334,673$280,342$5,516,649
19$9,588,247$3,503,609$294,359$5,790,279
20$10,067,660$3,680,991$309,077$6,077,591
21$10,571,043$3,867,243$324,531$6,379,269
22$11,099,595$4,062,807$340,758$6,696,030
23$11,654,575$4,268,150$357,795$7,028,629
24$12,237,303$4,483,759$375,685$7,377,859
25$12,849,169$4,710,150$394,469$7,744,549
26$13,491,627$4,947,859$414,193$8,129,575
27$14,166,209$5,197,454$434,903$8,533,852
28$14,874,519$5,459,529$456,648$8,958,342
29$15,618,245$5,734,708$479,480$9,404,057
30$16,399,157$6,023,645$503,454$9,872,058
Total$264,700,001$96,617,715$8,126,289$159,955,994

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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.