USA Mega

New Jersey Powerball Jackpot Annuity Payout Schedule for Nov 19, 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 $592,400,000 for a ticket purchased in New Jersey, 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 Jersey

Drawing Date:Wed, Nov 19, 2025
Jackpot:$592,400,000
Federal Tax:37% marginal rate
State Tax: 10.75%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$8,916,470$3,255,051$958,521$4,702,898
2$9,362,294$3,420,006$1,006,447$4,935,841
3$9,830,408$3,593,208$1,056,769$5,180,431
4$10,321,929$3,775,071$1,109,607$5,437,251
5$10,838,025$3,966,026$1,165,088$5,706,911
6$11,379,926$4,166,530$1,223,342$5,990,054
7$11,948,923$4,377,059$1,284,509$6,287,355
8$12,546,369$4,598,114$1,348,735$6,599,521
9$13,173,688$4,830,222$1,416,171$6,927,294
10$13,832,372$5,073,935$1,486,980$7,271,457
11$14,523,990$5,329,834$1,561,329$7,632,828
12$15,250,190$5,598,528$1,639,395$8,012,267
13$16,012,699$5,880,656$1,721,365$8,410,678
14$16,813,334$6,176,891$1,807,433$8,829,010
15$17,654,001$6,487,938$1,897,805$9,268,258
16$18,536,701$6,814,537$1,992,695$9,729,469
17$19,463,536$7,157,466$2,092,330$10,213,740
18$20,436,713$7,517,541$2,196,947$10,722,225
19$21,458,548$7,895,620$2,306,794$11,256,134
20$22,531,476$8,292,603$2,422,134$11,816,739
21$23,658,050$8,709,436$2,543,240$12,405,374
22$24,840,952$9,147,110$2,670,402$13,023,440
23$26,083,000$9,606,667$2,803,922$13,672,410
24$27,387,150$10,089,203$2,944,119$14,353,828
25$28,756,507$10,595,865$3,091,325$15,069,318
26$30,194,333$11,127,860$3,245,891$15,820,582
27$31,704,050$11,686,456$3,408,185$16,609,409
28$33,289,252$12,272,980$3,578,595$17,437,677
29$34,953,714$12,888,832$3,757,524$18,307,358
30$36,701,400$13,535,475$3,945,401$19,220,524
Total$592,400,001$217,866,720$63,683,000$310,850,281

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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.