USA Mega

North Carolina Powerball Jackpot Annuity Payout Schedule for Sep 3, 2025

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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 $1,444,100,000 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, Sep 3, 2025
Jackpot:$1,444,100,000
Federal Tax:37% marginal rate
State Tax: 3.99%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$21,735,777$7,998,195$867,258$12,870,325
2$22,822,567$8,400,307$910,620$13,511,639
3$23,963,694$8,822,524$956,151$14,185,019
4$25,161,880$9,265,853$1,003,959$14,892,068
5$26,419,973$9,731,347$1,054,157$15,634,469
6$27,740,972$10,220,117$1,106,865$16,413,990
7$29,128,021$10,733,325$1,162,208$17,232,488
8$30,584,422$11,272,193$1,220,318$18,091,910
9$32,113,643$11,838,005$1,281,334$18,994,304
10$33,719,325$12,432,107$1,345,401$19,941,816
11$35,405,291$13,055,915$1,412,671$20,936,705
12$37,175,556$13,710,913$1,483,305$21,981,338
13$39,034,333$14,398,661$1,557,470$23,078,203
14$40,986,051$15,120,796$1,635,343$24,229,911
15$43,035,353$15,879,038$1,717,111$25,439,204
16$45,187,121$16,675,192$1,802,966$26,708,963
17$47,446,476$17,511,153$1,893,114$28,042,208
18$49,818,800$18,388,913$1,987,770$29,442,117
19$52,309,740$19,310,561$2,087,159$30,912,020
20$54,925,227$20,278,291$2,191,517$32,455,419
21$57,671,488$21,294,408$2,301,092$34,075,988
22$60,555,063$22,361,330$2,416,147$35,777,585
23$63,582,816$23,481,599$2,536,954$37,564,263
24$66,761,956$24,657,881$2,663,802$39,440,273
25$70,100,054$25,892,977$2,796,992$41,410,085
26$73,605,058$27,189,829$2,936,842$43,478,387
27$77,285,311$28,551,522$3,083,684$45,650,105
28$81,149,575$29,981,300$3,237,868$47,930,407
29$85,207,054$31,482,567$3,399,761$50,324,725
30$89,467,407$33,058,898$3,569,750$52,838,760
Total$1,444,100,003$532,995,717$57,619,589$853,484,694

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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.