The annuity payout calculator below shows a breakdown of the gross annuity value for the current jackpot, and the applicable federal and state tax for each year. Odds of winning the jackpot are 1:302,575,350. The payouts are graduated so they increase 5 percent year-on-year. Estimated prize to a single winner over 30 graduated annual payments. ![]() Here is the list of 2023 Powerball jackpot wins. ![]() If you opt for the annuity payout you will receive the jackpot amount as a series of 30 annual payments over 29 years. The current Mega Millions jackpot is worth an estimated 267.
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