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West Virginia Powerball Jackpot Annuity Payout Schedule for May 16, 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 $89,400,000 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, May 16, 2026
Jackpot:$89,400,000
Federal Tax:37% marginal rate
State Tax: 4.82%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$1,345,598$453,829$64,858$826,912
2$1,412,878$478,722$68,101$866,055
3$1,483,522$504,860$71,506$907,156
4$1,557,698$532,306$75,081$950,312
5$1,635,583$561,123$78,835$995,625
6$1,717,362$591,381$82,777$1,043,204
7$1,803,230$623,153$86,916$1,093,162
8$1,893,392$656,512$91,261$1,145,618
9$1,988,062$691,540$95,825$1,200,697
10$2,087,465$728,319$100,616$1,258,530
11$2,191,838$766,937$105,647$1,319,254
12$2,301,430$807,486$110,929$1,383,015
13$2,416,501$850,063$116,475$1,449,963
14$2,537,326$894,768$122,299$1,520,259
15$2,664,193$941,709$128,414$1,594,070
16$2,797,402$990,996$134,835$1,671,571
17$2,937,272$1,042,748$141,577$1,752,948
18$3,084,136$1,097,088$148,655$1,838,393
19$3,238,343$1,154,144$156,088$1,928,111
20$3,400,260$1,214,053$163,893$2,022,314
21$3,570,273$1,276,958$172,087$2,121,227
22$3,748,787$1,343,008$180,692$2,225,087
23$3,936,226$1,412,361$189,726$2,334,139
24$4,133,037$1,485,181$199,212$2,448,644
25$4,339,689$1,561,642$209,173$2,568,874
26$4,556,673$1,641,926$219,632$2,695,115
27$4,784,507$1,726,225$230,613$2,827,669
28$5,023,732$1,814,738$242,144$2,966,850
29$5,274,919$1,907,677$254,251$3,112,991
30$5,538,665$2,005,263$266,964$3,266,438
Total$89,400,000$31,756,716$4,309,082$53,334,203

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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.