USA Mega

North Carolina Powerball Jackpot Annuity Payout Schedule for Aug 13, 2025

Media: You may freely use any information on this page, but you must credit usamega.com.

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 $530,900,000 for a ticket purchased in North Carolina, 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:

North Carolina

Drawing Date:Wed, Aug 13, 2025
Jackpot:$530,900,000
Federal Tax:37% marginal rate
State Tax: 3.99%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$7,990,807$2,912,556$318,833$4,759,418
2$8,390,347$3,060,386$334,775$4,995,187
3$8,809,864$3,215,607$351,514$5,242,744
4$9,250,358$3,378,590$369,089$5,502,679
5$9,712,875$3,549,721$387,544$5,775,611
6$10,198,519$3,729,409$406,921$6,062,189
7$10,708,446$3,918,082$427,267$6,363,097
8$11,243,868$4,116,188$448,630$6,679,049
9$11,806,061$4,324,200$471,062$7,010,800
10$12,396,364$4,542,612$494,615$7,359,137
11$13,016,183$4,771,945$519,346$7,724,892
12$13,666,992$5,012,744$545,313$8,108,935
13$14,350,341$5,265,583$572,579$8,512,179
14$15,067,858$5,531,065$601,208$8,935,586
15$15,821,251$5,809,820$631,268$9,380,163
16$16,612,314$6,102,513$662,831$9,846,969
17$17,442,929$6,409,841$695,973$10,337,115
18$18,315,076$6,732,535$730,772$10,851,769
19$19,230,829$7,071,364$767,310$11,392,155
20$20,192,371$7,427,135$805,676$11,959,561
21$21,201,989$7,800,693$845,959$12,555,337
22$22,262,089$8,192,930$888,257$13,180,901
23$23,375,194$8,604,779$932,670$13,837,744
24$24,543,953$9,037,220$979,304$14,527,429
25$25,771,151$9,491,283$1,028,269$15,251,599
26$27,059,709$9,968,049$1,079,682$16,011,977
27$28,412,694$10,468,654$1,133,666$16,810,373
28$29,833,328$10,994,289$1,190,350$17,648,690
29$31,324,995$11,546,205$1,249,867$18,528,922
30$32,891,245$12,125,718$1,312,361$19,453,166
Total$530,900,001$195,111,716$21,182,911$314,605,373

◄ Back to Jackpot Analysis

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.