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Rhode Island Powerball Jackpot Annuity Payout Schedule for Jan 31, 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 $58,600,000 for a ticket purchased in Rhode Island, 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:

Rhode Island

Drawing Date:Sat, Jan 31, 2026
Jackpot:$58,600,000
Federal Tax:37% marginal rate
State Tax: 5.99%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$882,014$282,302$52,833$546,879
2$926,115$298,620$55,474$572,021
3$972,421$315,753$58,248$598,420
4$1,021,042$333,743$61,160$626,139
5$1,072,094$352,632$64,218$655,243
6$1,125,698$372,466$67,429$685,803
7$1,181,983$393,291$70,801$717,891
8$1,241,082$415,158$74,341$751,584
9$1,303,137$438,118$78,058$786,961
10$1,368,293$462,226$81,961$824,107
11$1,436,708$487,539$86,059$863,110
12$1,508,543$514,118$90,362$904,063
13$1,583,971$542,026$94,880$947,064
14$1,663,169$571,330$99,624$992,215
15$1,746,328$602,098$104,605$1,039,624
16$1,833,644$634,406$109,835$1,089,403
17$1,925,326$668,328$115,327$1,141,671
18$2,021,592$703,946$121,093$1,196,553
19$2,122,672$741,346$127,148$1,254,178
20$2,228,806$780,615$133,505$1,314,685
21$2,340,246$821,848$140,181$1,378,217
22$2,457,258$865,143$147,190$1,444,926
23$2,580,121$910,602$154,549$1,514,970
24$2,709,127$958,334$162,277$1,588,516
25$2,844,584$1,008,453$170,391$1,665,740
26$2,986,813$1,061,078$178,910$1,746,825
27$3,136,153$1,116,334$187,856$1,831,964
28$3,292,961$1,174,353$197,248$1,921,360
29$3,457,609$1,235,273$207,111$2,015,226
30$3,630,490$1,299,238$217,466$2,113,785
Total$58,600,000$20,360,717$3,510,140$34,729,143

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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.