USA Mega

South Carolina Powerball Jackpot Annuity Payout Schedule for Jan 3, 2026

Media: You may freely use any information on this page, but you must credit usamega.com.

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 $74,400,000 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, Jan 3, 2026
Jackpot:$74,400,000
Federal Tax:37% marginal rate
State Tax: 5.21%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$1,119,827$370,293$58,343$691,191
2$1,175,818$391,010$61,260$723,548
3$1,234,609$412,763$64,323$757,523
4$1,296,339$435,603$67,539$793,197
5$1,361,156$459,585$70,916$830,655
6$1,429,214$484,767$74,462$869,986
7$1,500,675$511,207$78,185$911,283
8$1,575,709$538,969$82,094$954,645
9$1,654,494$568,120$86,199$1,000,175
10$1,737,219$598,728$90,509$1,047,982
11$1,824,080$630,867$95,035$1,098,178
12$1,915,284$664,612$99,786$1,150,885
13$2,011,048$700,045$104,776$1,206,227
14$2,111,600$737,249$110,014$1,264,337
15$2,217,180$776,314$115,515$1,325,351
16$2,328,039$817,332$121,291$1,389,417
17$2,444,441$860,401$127,355$1,456,685
18$2,566,663$905,623$133,723$1,527,318
19$2,694,997$953,106$140,409$1,601,481
20$2,829,746$1,002,963$147,430$1,679,353
21$2,971,234$1,055,314$154,801$1,761,119
22$3,119,795$1,110,282$162,541$1,846,973
23$3,275,785$1,167,998$170,668$1,937,119
24$3,439,574$1,228,600$179,202$2,031,773
25$3,611,553$1,292,232$188,162$2,131,159
26$3,792,131$1,359,046$197,570$2,235,515
27$3,981,737$1,429,200$207,449$2,345,089
28$4,180,824$1,502,862$217,821$2,460,141
29$4,389,866$1,580,207$228,712$2,580,946
30$4,609,359$1,661,420$240,148$2,707,791
Total$74,400,000$26,206,718$3,876,238$44,317,042

◄ Back to Jackpot Analysis

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.