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West Virginia Powerball Jackpot Annuity Payout Schedule for Jul 8, 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 $434,000,000 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, Jul 8, 2026
Jackpot:$434,000,000
Federal Tax:37% marginal rate
State Tax: 4.82%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$6,532,323$2,372,917$314,858$3,844,548
2$6,858,939$2,493,765$330,601$4,034,573
3$7,201,886$2,620,655$347,131$4,234,100
4$7,561,980$2,753,890$364,487$4,443,603
5$7,940,079$2,893,786$382,712$4,663,581
6$8,337,083$3,040,678$401,847$4,894,558
7$8,753,938$3,194,914$421,940$5,137,084
8$9,191,634$3,356,862$443,037$5,391,736
9$9,651,216$3,526,907$465,189$5,659,120
10$10,133,777$3,705,455$488,448$5,939,874
11$10,640,466$3,892,930$512,870$6,234,666
12$11,172,489$4,089,778$538,514$6,544,197
13$11,731,113$4,296,469$565,440$6,869,204
14$12,317,669$4,513,495$593,712$7,210,463
15$12,933,552$4,741,372$623,397$7,568,784
16$13,580,230$4,980,642$654,567$7,945,021
17$14,259,241$5,231,877$687,295$8,340,069
18$14,972,204$5,495,673$721,660$8,754,871
19$15,720,814$5,772,658$757,743$9,190,412
20$16,506,855$6,063,493$795,630$9,647,731
21$17,332,197$6,368,870$835,412$10,127,915
22$18,198,807$6,689,516$877,182$10,632,109
23$19,108,747$7,026,194$921,042$11,161,512
24$20,064,185$7,379,706$967,094$11,717,385
25$21,067,394$7,750,893$1,015,448$12,301,052
26$22,120,764$8,140,640$1,066,221$12,913,903
27$23,226,802$8,549,874$1,119,532$13,557,396
28$24,388,142$8,979,570$1,175,508$14,233,064
29$25,607,549$9,430,750$1,234,284$14,942,515
30$26,887,927$9,904,490$1,295,998$15,687,438
Total$434,000,001$159,258,719$20,918,799$253,822,484

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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.