USA Mega

New Hampshire Powerball Jackpot Annuity Payout Schedule for Jul 10, 2024

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The tax information provided here is based on 2025 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 $39,900,000 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 money, as well as deductions claimed.

State:

New Hampshire

Drawing Date:Wed, Jul 10, 2024
Jackpot:$39,900,000
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$600,552$179,741$0$420,812
2$630,580$190,335$0$440,245
3$662,109$202,001$0$460,108
4$695,214$214,250$0$480,965
5$729,975$227,111$0$502,864
6$766,474$240,616$0$525,858
7$804,797$254,795$0$550,002
8$845,037$269,684$0$575,353
9$887,289$285,317$0$601,972
10$931,654$301,732$0$629,922
11$978,236$318,968$0$659,269
12$1,027,148$337,065$0$690,083
13$1,078,506$356,067$0$722,438
14$1,132,431$376,020$0$756,411
15$1,189,052$396,970$0$792,083
16$1,248,505$418,967$0$829,538
17$1,310,930$442,064$0$868,866
18$1,376,477$466,317$0$910,160
19$1,445,301$491,781$0$953,519
20$1,517,566$518,520$0$999,046
21$1,593,444$546,595$0$1,046,849
22$1,673,116$576,073$0$1,097,043
23$1,756,772$607,026$0$1,149,746
24$1,844,611$639,526$0$1,205,084
25$1,936,841$673,651$0$1,263,190
26$2,033,683$709,483$0$1,324,200
27$2,135,367$747,106$0$1,388,261
28$2,242,136$786,610$0$1,455,525
29$2,354,242$828,090$0$1,526,152
30$2,471,955$871,643$0$1,600,311
Total$39,900,000$13,474,124$0$26,425,875

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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.