USA Mega

West Virginia Powerball Jackpot Annuity Payout Schedule for Jan 31, 2026

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 $58,600,000 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, Jan 31, 2026
Jackpot:$58,600,000
Federal Tax:37% marginal rate
State Tax: 4.82%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$882,014$282,302$42,513$557,199
2$926,115$298,620$44,639$582,856
3$972,421$315,753$46,871$609,797
4$1,021,042$333,743$49,214$638,085
5$1,072,094$352,632$51,675$667,787
6$1,125,698$372,466$54,259$698,974
7$1,181,983$393,291$56,972$731,721
8$1,241,082$415,158$59,820$766,105
9$1,303,137$438,118$62,811$802,208
10$1,368,293$462,226$65,952$840,116
11$1,436,708$487,539$69,249$879,919
12$1,508,543$514,118$72,712$921,713
13$1,583,971$542,026$76,347$965,597
14$1,663,169$571,330$80,165$1,011,675
15$1,746,328$602,098$84,173$1,060,056
16$1,833,644$634,406$88,382$1,110,857
17$1,925,326$668,328$92,801$1,164,198
18$2,021,592$703,946$97,441$1,220,205
19$2,122,672$741,346$102,313$1,279,013
20$2,228,806$780,615$107,428$1,340,762
21$2,340,246$821,848$112,800$1,405,598
22$2,457,258$865,143$118,440$1,473,676
23$2,580,121$910,602$124,362$1,545,157
24$2,709,127$958,334$130,580$1,620,213
25$2,844,584$1,008,453$137,109$1,699,021
26$2,986,813$1,061,078$143,964$1,781,770
27$3,136,153$1,116,334$151,163$1,868,657
28$3,292,961$1,174,353$158,721$1,959,888
29$3,457,609$1,235,273$166,657$2,055,680
30$3,630,490$1,299,238$174,990$2,156,262
Total$58,600,000$20,360,717$2,824,523$35,414,765

◄ 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.