USA Mega

West Virginia Powerball Jackpot Annuity Payout Schedule for Jul 5, 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 $192,400,000 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, Jul 5, 2025
Jackpot:$192,400,000
Federal Tax:37% marginal rate
State Tax: 4.58%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$2,895,896$1,027,439$132,632$1,735,825
2$3,040,691$1,081,013$139,264$1,820,414
3$3,192,725$1,137,266$146,227$1,909,233
4$3,352,362$1,196,331$153,538$2,002,493
5$3,519,980$1,258,350$161,215$2,100,415
6$3,695,979$1,323,469$169,276$2,203,234
7$3,880,778$1,391,845$177,740$2,311,193
8$4,074,817$1,463,639$186,627$2,424,551
9$4,278,558$1,539,024$195,958$2,543,576
10$4,492,485$1,618,177$205,756$2,668,553
11$4,717,110$1,701,288$216,044$2,799,778
12$4,952,965$1,788,554$226,846$2,937,565
13$5,200,613$1,880,184$238,188$3,082,241
14$5,460,644$1,976,396$250,097$3,234,151
15$5,733,676$2,077,417$262,602$3,393,656
16$6,020,360$2,183,490$275,732$3,561,137
17$6,321,378$2,294,867$289,519$3,736,992
18$6,637,447$2,411,813$303,995$3,921,639
19$6,969,319$2,534,605$319,195$4,115,519
20$7,317,785$2,663,538$335,155$4,319,093
21$7,683,674$2,798,917$351,912$4,532,845
22$8,067,858$2,941,065$369,508$4,757,286
23$8,471,251$3,090,320$387,983$4,992,948
24$8,894,814$3,247,038$407,382$5,240,393
25$9,339,554$3,411,592$427,752$5,500,210
26$9,806,532$3,584,374$449,139$5,773,019
27$10,296,859$3,765,795$471,596$6,059,468
28$10,811,702$3,956,287$495,176$6,360,239
29$11,352,287$4,156,303$519,935$6,676,049
30$11,919,901$4,366,321$545,931$7,007,649
Total$192,400,000$69,866,717$8,811,920$113,721,364

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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.