How to Use the Powerball Annuity Calculator

Step One: Enter the Jackpot Amount

Input the total advertised jackpot amount (e.g., $500,000,000) into the “Jackpot Amount” field. This amount represents the total winnings before deductions.

Step Two: Specify the Annual Growth Rate

Provide an annual growth rate percentage (e.g., 5%). This rate reflects how yearly annuity installments could grow over time due to adjustments or interest.

Step Three: Input the Tax Rate

Input the effective tax rate percentage (e.g., 25%). This reflects federal and/or state taxes deducted from your winnings.

Step Four: Click Calculate

Click the “Calculate” button to instantly view the estimated lump sum payment and total annuity payout (after taxes and growth adjustments).

Step Five: Review Results and Explanation

Examine the results displayed. You’ll see the lump sum payout after tax alongside the total annuity value. An explanation clarifies the calculation process and what each result means.