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West Virginia Powerball Jackpot Annuity Payout Schedule for Jun 23, 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 $129,100,000 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:Mon, Jun 23, 2025
Jackpot:$129,100,000
Federal Tax:37% marginal rate
State Tax: 4.82%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$1,943,140$674,919$93,659$1,174,562
2$2,040,297$710,867$98,342$1,231,088
3$2,142,312$748,613$103,259$1,290,440
4$2,249,428$788,246$108,422$1,352,760
5$2,361,899$829,860$113,844$1,418,196
6$2,479,994$873,555$119,536$1,486,903
7$2,603,994$919,435$125,513$1,559,046
8$2,734,194$967,609$131,788$1,634,797
9$2,870,903$1,018,191$138,378$1,714,334
10$3,014,448$1,071,303$145,296$1,797,849
11$3,165,171$1,127,070$152,561$1,885,539
12$3,323,429$1,185,626$160,189$1,977,614
13$3,489,601$1,247,110$168,199$2,074,292
14$3,664,081$1,311,667$176,609$2,175,805
15$3,847,285$1,379,453$185,439$2,282,393
16$4,039,649$1,450,627$194,711$2,394,311
17$4,241,631$1,525,361$204,447$2,511,824
18$4,453,713$1,603,831$214,669$2,635,213
19$4,676,399$1,686,225$225,402$2,764,772
20$4,910,219$1,772,738$236,673$2,900,808
21$5,155,730$1,863,577$248,506$3,043,646
22$5,413,516$1,958,958$260,931$3,193,626
23$5,684,192$2,059,108$273,978$3,351,106
24$5,968,401$2,164,266$287,677$3,516,459
25$6,266,822$2,274,681$302,061$3,690,080
26$6,580,163$2,390,617$317,164$3,872,381
27$6,909,171$2,512,350$333,022$4,063,798
28$7,254,629$2,640,170$349,673$4,264,786
29$7,617,361$2,774,381$367,157$4,475,823
30$7,998,229$2,915,302$385,515$4,697,412
Total$129,100,000$46,445,716$6,222,620$76,431,663

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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.