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South Carolina Powerball Jackpot Annuity Payout Schedule for Jun 18, 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 $102,200,000 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:Wed, Jun 18, 2025
Jackpot:$102,200,000
Federal Tax:37% marginal rate
State Tax: 6%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$1,538,257$525,112$92,295$920,849
2$1,615,170$553,570$96,910$964,689
3$1,695,928$583,451$101,756$1,010,722
4$1,780,724$614,825$106,843$1,059,056
5$1,869,761$647,769$112,186$1,109,806
6$1,963,249$682,359$117,795$1,163,094
7$2,061,411$718,679$123,685$1,219,047
8$2,164,482$756,815$129,869$1,277,797
9$2,272,706$796,858$136,362$1,339,485
10$2,386,341$838,903$143,180$1,404,257
11$2,505,658$883,051$150,339$1,472,268
12$2,630,941$929,405$157,856$1,543,679
13$2,762,488$978,078$165,749$1,618,661
14$2,900,612$1,029,184$174,037$1,697,392
15$3,045,643$1,082,845$182,739$1,780,059
16$3,197,925$1,139,190$191,876$1,866,860
17$3,357,821$1,198,351$201,469$1,958,001
18$3,525,712$1,260,471$211,543$2,053,699
19$3,701,998$1,325,697$222,120$2,154,182
20$3,887,098$1,394,184$233,226$2,259,689
21$4,081,453$1,466,095$244,887$2,370,471
22$4,285,526$1,541,602$257,132$2,486,792
23$4,499,802$1,620,884$269,988$2,608,930
24$4,724,792$1,704,130$283,488$2,737,174
25$4,961,031$1,791,539$297,662$2,871,831
26$5,209,083$1,883,318$312,545$3,013,220
27$5,469,537$1,979,686$328,172$3,161,679
28$5,743,014$2,080,872$344,581$3,317,561
29$6,030,165$2,187,118$361,810$3,481,237
30$6,331,673$2,298,676$379,900$3,653,096
Total$102,200,000$36,492,717$6,132,000$59,575,283

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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.