USA Mega

Washington Powerball Jackpot Annuity Payout Schedule for May 20, 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 $114,700,000 for a ticket purchased in Washington, 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:

Washington

Drawing Date:Wed, May 20, 2026
Jackpot:$114,700,000
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$1,726,400$594,725$0$1,131,674
2$1,812,720$626,664$0$1,186,056
3$1,903,356$660,199$0$1,243,157
4$1,998,523$695,411$0$1,303,112
5$2,098,449$732,384$0$1,366,066
6$2,203,372$771,205$0$1,432,167
7$2,313,541$811,967$0$1,501,573
8$2,429,218$854,768$0$1,574,450
9$2,550,679$899,708$0$1,650,970
10$2,678,212$946,896$0$1,731,317
11$2,812,123$996,443$0$1,815,680
12$2,952,729$1,048,467$0$1,904,262
13$3,100,366$1,103,093$0$1,997,273
14$3,255,384$1,160,449$0$2,094,935
15$3,418,153$1,220,674$0$2,197,479
16$3,589,061$1,283,910$0$2,305,151
17$3,768,514$1,350,307$0$2,418,206
18$3,956,940$1,420,025$0$2,536,915
19$4,154,786$1,493,228$0$2,661,558
20$4,362,526$1,570,092$0$2,792,434
21$4,580,652$1,650,799$0$2,929,854
22$4,809,685$1,735,541$0$3,074,144
23$5,050,169$1,824,520$0$3,225,649
24$5,302,677$1,917,948$0$3,384,729
25$5,567,811$2,016,047$0$3,551,764
26$5,846,202$2,119,052$0$3,727,150
27$6,138,512$2,227,207$0$3,911,305
28$6,445,437$2,340,769$0$4,104,668
29$6,767,709$2,460,010$0$4,307,700
30$7,106,095$2,585,212$0$4,520,883
Total$114,700,000$41,117,720$0$73,582,281

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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.