USA Mega

South Carolina Powerball Jackpot Annuity Payout Schedule for Jul 23, 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 $326,100,000 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, Jul 23, 2025
Jackpot:$326,100,000
Federal Tax:37% marginal rate
State Tax: 6%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$4,908,273$1,772,018$294,496$2,841,758
2$5,153,687$1,862,821$309,221$2,981,644
3$5,411,371$1,958,164$324,682$3,128,524
4$5,681,940$2,058,275$340,916$3,282,748
5$5,966,036$2,163,391$357,962$3,444,683
6$6,264,338$2,273,762$375,860$3,614,716
7$6,577,555$2,389,653$394,653$3,793,249
8$6,906,433$2,511,337$414,386$3,980,710
9$7,251,755$2,639,107$435,105$4,177,543
10$7,614,342$2,773,264$456,861$4,384,218
11$7,995,060$2,914,129$479,704$4,601,227
12$8,394,813$3,062,038$503,689$4,829,086
13$8,814,553$3,217,342$528,873$5,068,338
14$9,255,281$3,380,411$555,317$5,319,553
15$9,718,045$3,551,634$583,083$5,583,328
16$10,203,947$3,731,418$612,237$5,860,293
17$10,714,144$3,920,191$642,849$6,151,105
18$11,249,852$4,118,402$674,991$6,456,458
19$11,812,344$4,326,525$708,741$6,777,079
20$12,402,961$4,545,053$744,178$7,113,731
21$13,023,109$4,774,508$781,387$7,467,215
22$13,674,265$5,015,435$820,456$7,838,374
23$14,357,978$5,268,409$861,479$8,228,090
24$15,075,877$5,534,032$904,553$8,637,293
25$15,829,671$5,812,935$949,780$9,066,955
26$16,621,155$6,105,784$997,269$9,518,101
27$17,452,212$6,413,276$1,047,133$9,991,804
28$18,324,823$6,736,142$1,099,489$10,489,192
29$19,241,064$7,075,151$1,154,464$11,011,449
30$20,203,117$7,431,111$1,212,187$11,559,820
Total$326,100,001$119,335,718$19,566,001$187,198,284

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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.