USA Mega

West Virginia Powerball Jackpot Annuity Payout Schedule for Jun 21, 2025

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 $119,600,000 for a ticket purchased in West 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:

West Virginia

Drawing Date:Sat, Jun 21, 2025
Jackpot:$119,600,000
Federal Tax:37% marginal rate
State Tax: 4.58%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$1,800,152$622,013$82,447$1,095,691
2$1,890,159$655,316$86,569$1,148,274
3$1,984,667$690,284$90,898$1,203,485
4$2,083,901$727,000$95,443$1,261,457
5$2,188,096$765,553$100,215$1,322,328
6$2,297,500$806,032$105,226$1,386,242
7$2,412,375$848,536$110,487$1,453,352
8$2,532,994$893,165$116,011$1,523,818
9$2,659,644$940,025$121,812$1,597,807
10$2,792,626$989,229$127,902$1,675,495
11$2,932,257$1,040,892$134,297$1,757,067
12$3,078,870$1,095,139$141,012$1,842,719
13$3,232,814$1,152,098$148,063$1,932,653
14$3,394,454$1,211,905$155,466$2,027,083
15$3,564,177$1,274,703$163,239$2,126,235
16$3,742,386$1,340,640$171,401$2,230,345
17$3,929,505$1,409,874$179,971$2,339,660
18$4,125,981$1,482,570$188,970$2,454,441
19$4,332,280$1,558,901$198,418$2,574,960
20$4,548,894$1,639,048$208,339$2,701,506
21$4,776,338$1,723,202$218,756$2,834,380
22$5,015,155$1,811,565$229,694$2,973,896
23$5,265,913$1,904,345$241,179$3,120,389
24$5,529,208$2,001,764$253,238$3,274,206
25$5,805,669$2,104,055$265,900$3,435,715
26$6,095,952$2,211,460$279,195$3,605,298
27$6,400,750$2,324,235$293,154$3,783,361
28$6,720,787$2,442,649$307,812$3,970,327
29$7,056,827$2,566,983$323,203$4,166,641
30$7,409,668$2,697,535$339,363$4,372,771
Total$119,600,000$42,930,716$5,477,680$71,191,602

◄ 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.