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South Carolina Powerball Jackpot Annuity Payout Schedule for Oct 27, 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 $358,700,000 for a ticket purchased in South Carolina, 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:

South Carolina

Drawing Date:Mon, Oct 27, 2025
Jackpot:$358,700,000
Federal Tax:37% marginal rate
State Tax: 6%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$5,398,950$1,953,569$323,937$3,121,444
2$5,668,897$2,053,449$340,134$3,275,314
3$5,952,342$2,158,324$357,141$3,436,878
4$6,249,959$2,268,442$374,998$3,606,520
5$6,562,457$2,384,066$393,747$3,784,643
6$6,890,580$2,505,472$413,435$3,971,673
7$7,235,109$2,632,948$434,107$4,168,055
8$7,596,865$2,766,797$455,812$4,374,256
9$7,976,708$2,907,339$478,602$4,590,766
10$8,375,543$3,054,908$502,533$4,818,102
11$8,794,320$3,209,856$527,659$5,056,805
12$9,234,036$3,372,551$554,042$5,307,443
13$9,695,738$3,543,380$581,744$5,570,613
14$10,180,525$3,722,752$610,832$5,846,942
15$10,689,551$3,911,091$641,373$6,137,087
16$11,224,029$4,108,848$673,442$6,441,739
17$11,785,230$4,316,492$707,114$6,761,624
18$12,374,492$4,534,519$742,470$7,097,503
19$12,993,216$4,763,447$779,593$7,450,176
20$13,642,877$5,003,822$818,573$7,820,483
21$14,325,021$5,256,215$859,501$8,209,305
22$15,041,272$5,521,228$902,476$8,617,568
23$15,793,336$5,799,491$947,600$9,046,244
24$16,583,002$6,091,668$994,980$9,496,354
25$17,412,152$6,398,454$1,044,729$9,968,970
26$18,282,760$6,720,579$1,096,966$10,465,216
27$19,196,898$7,058,810$1,151,814$10,986,275
28$20,156,743$7,413,952$1,209,405$11,533,386
29$21,164,580$7,786,852$1,269,875$12,107,853
30$22,222,809$8,178,397$1,333,369$12,711,044
Total$358,700,001$131,397,718$21,522,003$205,780,281

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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.