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South Dakota Powerball Jackpot Annuity Payout Schedule for May 19, 2025

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The tax information provided here is based on 2025 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 $134,000,000 for a ticket purchased in South Dakota, 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 Dakota

Drawing Date:Mon, May 19, 2025
Jackpot:$134,000,000
Federal Tax:37% marginal rate
State Tax: No state tax on lottery prizes
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$2,016,892$703,270$0$1,313,622
2$2,117,737$740,583$0$1,377,154
3$2,223,624$779,761$0$1,443,863
4$2,334,805$820,898$0$1,513,907
5$2,451,545$864,092$0$1,587,453
6$2,574,122$909,446$0$1,664,677
7$2,702,829$957,067$0$1,745,762
8$2,837,970$1,007,069$0$1,830,901
9$2,979,869$1,059,572$0$1,920,297
10$3,128,862$1,114,699$0$2,014,163
11$3,285,305$1,172,583$0$2,112,722
12$3,449,570$1,233,361$0$2,216,209
13$3,622,049$1,297,178$0$2,324,871
14$3,803,151$1,364,186$0$2,438,965
15$3,993,309$1,434,545$0$2,558,764
16$4,192,974$1,508,421$0$2,684,554
17$4,402,623$1,585,991$0$2,816,632
18$4,622,754$1,667,439$0$2,955,315
19$4,853,892$1,752,960$0$3,100,932
20$5,096,586$1,842,757$0$3,253,829
21$5,351,416$1,937,044$0$3,414,372
22$5,618,986$2,036,045$0$3,582,941
23$5,899,936$2,139,997$0$3,759,939
24$6,194,933$2,249,145$0$3,945,787
25$6,504,679$2,363,752$0$4,140,928
26$6,829,913$2,484,088$0$4,345,825
27$7,171,409$2,610,442$0$4,560,967
28$7,529,979$2,743,113$0$4,786,867
29$7,906,478$2,882,417$0$5,024,061
30$8,301,802$3,028,687$0$5,273,115
Total$134,000,000$48,290,608$0$85,709,394

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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.