USA Mega

Virginia Powerball Jackpot Annuity Payout Schedule for Nov 8, 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 $473,900,000 for a ticket purchased in Virginia, 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:

Virginia

Drawing Date:Sat, Nov 8, 2025
Jackpot:$473,900,000
Federal Tax:37% marginal rate
State Tax: 5.75%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$7,132,875$2,595,121$410,140$4,127,614
2$7,489,519$2,727,079$430,647$4,331,792
3$7,863,995$2,865,635$452,180$4,546,180
4$8,257,195$3,011,119$474,789$4,771,287
5$8,670,054$3,163,877$498,528$5,007,649
6$9,103,557$3,324,273$523,455$5,255,829
7$9,558,735$3,492,689$549,627$5,516,419
8$10,036,672$3,669,526$577,109$5,790,037
9$10,538,505$3,855,204$605,964$6,077,337
10$11,065,430$4,050,167$636,262$6,379,002
11$11,618,702$4,254,877$668,075$6,695,750
12$12,199,637$4,469,823$701,479$7,028,335
13$12,809,619$4,695,516$736,553$7,377,550
14$13,450,100$4,932,494$773,381$7,744,225
15$14,122,605$5,181,321$812,050$8,129,234
16$14,828,735$5,442,589$852,652$8,533,494
17$15,570,172$5,716,921$895,285$8,957,966
18$16,348,680$6,004,969$940,049$9,403,662
19$17,166,114$6,307,420$987,052$9,871,643
20$18,024,420$6,624,993$1,036,404$10,363,023
21$18,925,641$6,958,444$1,088,224$10,878,972
22$19,871,923$7,308,569$1,142,636$11,420,719
23$20,865,519$7,676,199$1,199,767$11,989,553
24$21,908,795$8,062,211$1,259,756$12,586,828
25$23,004,235$8,467,524$1,322,744$13,213,967
26$24,154,447$8,893,103$1,388,881$13,872,464
27$25,362,169$9,339,960$1,458,325$14,563,885
28$26,630,277$9,809,160$1,531,241$15,289,877
29$27,961,791$10,301,820$1,607,803$16,052,168
30$29,359,881$10,819,113$1,688,193$16,852,575
Total$473,900,001$174,021,716$27,249,251$272,629,036

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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.