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South Carolina Powerball Jackpot Annuity Payout Schedule for Mar 22, 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 $443,300,000 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:Sat, Mar 22, 2025
Jackpot:$443,300,000
Federal Tax:37% marginal rate
State Tax: 5.21%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$6,672,301$2,424,709$347,627$3,899,966
2$7,005,916$2,548,146$365,008$4,092,762
3$7,356,212$2,677,756$383,259$4,295,198
4$7,724,023$2,813,846$402,422$4,507,756
5$8,110,224$2,956,740$422,543$4,730,941
6$8,515,735$3,106,779$443,670$4,965,286
7$8,941,522$3,264,320$465,853$5,211,348
8$9,388,598$3,429,738$489,146$5,469,714
9$9,858,028$3,603,428$513,603$5,740,997
10$10,350,929$3,785,801$539,283$6,025,845
11$10,868,476$3,977,293$566,248$6,324,935
12$11,411,899$4,178,360$594,560$6,638,979
13$11,982,494$4,389,480$624,288$6,968,726
14$12,581,619$4,611,156$655,502$7,314,960
15$13,210,700$4,843,916$688,277$7,678,506
16$13,871,235$5,088,314$722,691$8,060,230
17$14,564,797$5,344,932$758,826$8,461,039
18$15,293,037$5,614,381$796,767$8,881,889
19$16,057,688$5,897,302$836,606$9,323,781
20$16,860,573$6,194,369$878,436$9,787,768
21$17,703,601$6,506,290$922,358$10,274,954
22$18,588,781$6,833,806$968,476$10,786,500
23$19,518,221$7,177,699$1,016,899$11,323,622
24$20,494,131$7,538,786$1,067,744$11,887,601
25$21,518,838$7,917,927$1,121,131$12,479,779
26$22,594,780$8,316,026$1,177,188$13,101,566
27$23,724,519$8,734,029$1,236,047$13,754,442
28$24,910,745$9,172,933$1,297,850$14,439,962
29$26,156,282$9,633,782$1,362,742$15,159,758
30$27,464,096$10,117,673$1,430,879$15,915,544
Total$443,300,001$162,699,717$23,095,929$257,504,354

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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.