USA Mega

South Carolina Powerball Jackpot Annuity Payout Schedule for Dec 29, 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 $34,300,000 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, Dec 29, 2025
Jackpot:$34,300,000
Federal Tax:37% marginal rate
State Tax: 5.21%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$516,264$149,462$26,897$339,905
2$542,077$158,496$28,242$355,339
3$569,181$167,983$29,654$371,544
4$597,640$177,943$31,137$388,560
5$627,522$188,402$32,694$406,426
6$658,899$199,750$34,329$424,820
7$691,843$211,939$36,045$443,859
8$726,436$224,738$37,847$463,850
9$762,757$238,177$39,740$484,840
10$800,895$252,288$41,727$506,880
11$840,940$267,105$43,813$530,022
12$882,987$282,662$46,004$554,321
13$927,136$298,998$48,304$579,835
14$973,493$316,150$50,719$606,624
15$1,022,168$334,159$53,255$634,754
16$1,073,276$353,069$55,918$664,289
17$1,126,940$372,925$58,714$695,301
18$1,183,287$393,773$61,649$727,864
19$1,242,451$415,664$64,732$762,055
20$1,304,574$438,650$67,968$797,956
21$1,369,803$462,784$71,367$835,652
22$1,438,293$488,126$74,935$875,232
23$1,510,207$514,734$78,682$916,792
24$1,585,718$542,673$82,616$960,429
25$1,665,004$572,009$86,747$1,006,248
26$1,748,254$602,811$91,084$1,054,359
27$1,835,667$635,154$95,638$1,104,874
28$1,927,450$669,114$100,420$1,157,916
29$2,023,822$704,772$105,441$1,213,610
30$2,125,014$742,212$110,713$1,272,088
Total$34,300,000$11,376,722$1,787,031$21,136,244

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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.