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New Hampshire Powerball Jackpot Annuity Payout Schedule for Jan 30, 2023

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The tax information provided here is based on 2022 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 $606,600,000 for a ticket purchased in New Hampshire, 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 prize money, as well as deductions claimed.

State:

New Hampshire

Drawing Date:Mon, Jan 30, 2023
Jackpot:$606,600,000
Federal Tax:37% marginal rate
State Tax: No state tax on lottery prizes
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$9,130,200$3,341,129$0$5,789,071
2$9,586,711$3,510,038$0$6,076,673
3$10,066,046$3,687,392$0$6,378,654
4$10,569,349$3,873,614$0$6,695,735
5$11,097,816$4,069,147$0$7,028,669
6$11,652,707$4,274,456$0$7,378,250
7$12,235,342$4,490,032$0$7,745,311
8$12,847,109$4,716,385$0$8,130,724
9$13,489,465$4,954,057$0$8,535,408
10$14,163,938$5,203,612$0$8,960,326
11$14,872,135$5,465,645$0$9,406,490
12$15,615,741$5,740,779$0$9,874,962
13$16,396,528$6,029,671$0$10,366,858
14$17,216,355$6,333,006$0$10,883,349
15$18,077,173$6,651,509$0$11,425,664
16$18,981,031$6,985,937$0$11,995,095
17$19,930,083$7,337,086$0$12,592,997
18$20,926,587$7,705,792$0$13,220,795
19$21,972,916$8,092,934$0$13,879,982
20$23,071,562$8,499,433$0$14,572,129
21$24,225,140$8,926,257$0$15,298,883
22$25,436,397$9,374,422$0$16,061,975
23$26,708,217$9,844,995$0$16,863,222
24$28,043,628$10,339,097$0$17,704,530
25$29,445,809$10,857,904$0$18,587,905
26$30,918,100$11,402,652$0$19,515,448
27$32,464,005$11,974,637$0$20,489,368
28$34,087,205$12,575,221$0$21,511,984
29$35,791,565$13,205,834$0$22,585,731
30$37,581,144$13,867,978$0$23,713,165
Total$606,600,001$223,330,651$0$383,269,353

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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.