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West Virginia Powerball Jackpot Annuity Payout Schedule for Aug 5, 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 $786,000,000 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, Aug 5, 2026
Jackpot:$786,000,000
Federal Tax:37% marginal rate
State Tax: 4.58%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$11,830,428$4,333,216$541,834$6,955,379
2$12,421,950$4,552,079$568,925$7,300,946
3$13,043,047$4,781,885$597,372$7,663,791
4$13,695,200$5,023,181$627,240$8,044,778
5$14,379,959$5,276,542$658,602$8,444,815
6$15,098,957$5,542,571$691,532$8,864,853
7$15,853,905$5,821,902$726,109$9,305,894
8$16,646,600$6,115,199$762,414$9,768,987
9$17,478,930$6,423,162$800,535$10,255,234
10$18,352,877$6,746,522$840,562$10,765,793
11$19,270,521$7,086,050$882,590$11,301,881
12$20,234,047$7,442,555$926,719$11,864,773
13$21,245,749$7,816,884$973,055$12,455,809
14$22,308,037$8,209,931$1,021,708$13,076,398
15$23,423,438$8,622,629$1,072,793$13,728,015
16$24,594,610$9,055,963$1,126,433$14,412,214
17$25,824,340$9,510,963$1,182,755$15,130,622
18$27,115,558$9,988,714$1,241,893$15,884,952
19$28,471,335$10,490,351$1,303,987$16,676,997
20$29,894,902$11,017,071$1,369,187$17,508,645
21$31,389,647$11,570,127$1,437,646$18,381,875
22$32,959,130$12,150,835$1,509,528$19,298,766
23$34,607,086$12,760,579$1,585,005$20,261,503
24$36,337,440$13,400,810$1,664,255$21,272,375
25$38,154,312$14,073,053$1,747,468$22,333,792
26$40,062,029$14,778,908$1,834,841$23,448,280
27$42,065,130$15,520,055$1,926,583$24,618,492
28$44,168,386$16,298,260$2,022,912$25,847,214
29$46,376,805$17,115,375$2,124,058$27,137,372
30$48,695,646$17,973,346$2,230,261$28,492,039
Total$786,000,002$289,498,718$35,998,802$460,502,484

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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.