USA Mega

West Virginia Powerball Jackpot Annuity Payout Schedule for May 6, 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 $31,200,000 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:Wed, May 6, 2026
Jackpot:$31,200,000
Federal Tax:37% marginal rate
State Tax: 4.58%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$469,605$133,131$21,508$314,966
2$493,085$141,349$22,583$329,153
3$517,739$149,978$23,712$344,049
4$543,626$159,038$24,898$359,690
5$570,808$168,552$26,143$376,113
6$599,348$178,541$27,450$393,357
7$629,315$189,030$28,823$411,463
8$660,781$200,446$30,264$430,071
9$693,820$212,671$31,777$449,372
10$728,511$225,506$33,366$469,639
11$764,937$238,984$35,034$490,919
12$803,184$253,135$36,786$513,263
13$843,343$267,994$38,625$536,724
14$885,510$283,596$40,556$561,358
15$929,785$299,978$42,584$587,223
16$976,275$317,179$44,713$614,382
17$1,025,088$335,240$46,949$642,899
18$1,076,343$354,204$49,296$672,842
19$1,130,160$374,116$51,761$704,282
20$1,186,668$395,024$54,349$737,294
21$1,246,001$416,978$57,067$771,957
22$1,308,301$440,029$59,920$808,352
23$1,373,716$464,232$62,916$846,568
24$1,442,402$489,646$66,062$886,694
25$1,514,522$516,331$69,365$928,827
26$1,590,248$544,349$72,833$973,066
27$1,669,761$573,769$76,475$1,019,517
28$1,753,249$604,659$80,299$1,068,291
29$1,840,911$637,094$84,314$1,119,503
30$1,932,957$671,151$88,529$1,173,276
Total$31,200,000$10,235,930$1,428,957$19,535,110

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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.