USA Mega

North Carolina Powerball Jackpot Annuity Payout Schedule for May 18, 2026

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 $101,400,000 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:Mon, May 18, 2026
Jackpot:$101,400,000
Federal Tax:37% marginal rate
State Tax: 3.99%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$1,526,216$520,657$60,896$944,663
2$1,602,526$548,892$63,941$989,694
3$1,682,653$578,539$67,138$1,036,976
4$1,766,785$609,668$70,495$1,086,623
5$1,855,124$642,353$74,019$1,138,752
6$1,947,881$676,673$77,720$1,193,487
7$2,045,275$712,709$81,606$1,250,959
8$2,147,539$750,547$85,687$1,311,305
9$2,254,915$790,276$89,971$1,374,668
10$2,367,661$831,992$94,470$1,441,200
11$2,486,044$875,794$99,193$1,511,057
12$2,610,346$921,785$104,153$1,584,408
13$2,740,864$970,077$109,360$1,661,426
14$2,877,907$1,020,783$114,828$1,742,296
15$3,021,802$1,074,024$120,570$1,827,208
16$3,172,892$1,129,927$126,598$1,916,367
17$3,331,537$1,188,626$132,928$2,009,983
18$3,498,114$1,250,259$139,575$2,108,280
19$3,673,020$1,314,975$146,553$2,211,492
20$3,856,671$1,382,925$153,881$2,319,864
21$4,049,504$1,454,274$161,575$2,433,655
22$4,251,979$1,529,190$169,654$2,553,136
23$4,464,578$1,607,851$178,137$2,678,590
24$4,687,807$1,690,446$187,044$2,810,318
25$4,922,198$1,777,170$196,396$2,948,632
26$5,168,308$1,868,231$206,215$3,093,861
27$5,426,723$1,963,845$216,526$3,246,352
28$5,698,059$2,064,239$227,353$3,406,467
29$5,982,962$2,169,653$238,720$3,574,589
30$6,282,110$2,280,338$250,656$3,751,116
Total$101,400,000$36,196,718$4,045,858$61,157,424

◄ 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.