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South Carolina Powerball Jackpot Annuity Payout Schedule for Jan 21, 2026

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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 $209,300,000 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:Wed, Jan 21, 2026
Jackpot:$209,300,000
Federal Tax:37% marginal rate
State Tax: 6%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$3,150,265$1,121,555$189,016$1,839,694
2$3,307,779$1,179,835$198,467$1,929,477
3$3,473,168$1,241,029$208,390$2,023,748
4$3,646,826$1,305,283$218,810$2,122,734
5$3,829,167$1,372,749$229,750$2,226,668
6$4,020,626$1,443,589$241,238$2,335,799
7$4,221,657$1,517,970$253,299$2,450,387
8$4,432,740$1,596,071$265,964$2,570,704
9$4,654,377$1,678,077$279,263$2,697,038
10$4,887,096$1,764,183$293,226$2,829,687
11$5,131,450$1,854,594$307,887$2,968,969
12$5,388,023$1,949,526$323,281$3,115,216
13$5,657,424$2,049,204$339,445$3,268,774
14$5,940,295$2,153,866$356,418$3,430,011
15$6,237,310$2,263,762$374,239$3,599,309
16$6,549,176$2,379,152$392,951$3,777,073
17$6,876,634$2,500,312$412,598$3,963,724
18$7,220,466$2,627,530$433,228$4,159,708
19$7,581,489$2,761,108$454,889$4,365,492
20$7,960,564$2,901,366$477,634$4,581,564
21$8,358,592$3,048,636$501,516$4,808,440
22$8,776,521$3,203,270$526,591$5,046,660
23$9,215,348$3,365,636$552,921$5,296,791
24$9,676,115$3,536,120$580,567$5,559,428
25$10,159,921$3,715,128$609,595$5,835,197
26$10,667,917$3,903,086$640,075$6,124,755
27$11,201,313$4,100,443$672,079$6,428,791
28$11,761,378$4,307,667$705,683$6,748,028
29$12,349,447$4,525,253$740,967$7,083,228
30$12,966,919$4,753,717$778,015$7,435,187
Total$209,300,000$76,119,717$12,558,002$120,622,281

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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.