USA Mega

New Jersey Powerball Jackpot Annuity Payout Schedule for Sep 6, 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 $1,787,400,000 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:Sat, Sep 6, 2025
Jackpot:$1,787,400,000
Federal Tax:37% marginal rate
State Tax: 10.75%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$26,902,935$9,910,043$2,892,066$14,100,826
2$28,248,082$10,407,748$3,036,669$14,803,666
3$29,660,486$10,930,337$3,188,502$15,541,646
4$31,143,511$11,479,056$3,347,927$16,316,527
5$32,700,685$12,055,211$3,515,324$17,130,151
6$34,335,720$12,660,174$3,691,090$17,984,456
7$36,052,507$13,295,385$3,875,644$18,881,478
8$37,855,132$13,962,356$4,069,427$19,823,349
9$39,747,888$14,662,676$4,272,898$20,812,314
10$41,735,282$15,398,012$4,486,543$21,850,728
11$43,822,047$16,170,115$4,710,870$22,941,062
12$46,013,149$16,980,822$4,946,414$24,085,913
13$48,313,806$17,832,066$5,193,734$25,288,007
14$50,729,497$18,725,871$5,453,421$26,550,205
15$53,265,971$19,664,367$5,726,092$27,875,513
16$55,929,271$20,649,787$6,012,397$29,267,087
17$58,725,733$21,684,478$6,313,016$30,728,238
18$61,662,020$22,770,905$6,628,667$32,262,448
19$64,745,121$23,911,652$6,960,100$33,873,368
20$67,982,377$25,109,437$7,308,106$35,564,835
21$71,381,496$26,367,111$7,673,511$37,340,874
22$74,950,571$27,687,668$8,057,186$39,205,716
23$78,698,100$29,074,254$8,460,046$41,163,800
24$82,633,003$30,530,169$8,883,048$43,219,787
25$86,764,654$32,058,879$9,327,200$45,378,574
26$91,102,888$33,664,026$9,793,560$47,645,302
27$95,658,032$35,349,429$10,283,238$50,025,365
28$100,440,932$37,119,102$10,797,400$52,524,430
29$105,462,979$38,977,260$11,337,270$55,148,449
30$110,736,129$40,928,325$11,904,134$57,903,670
Total$1,787,400,004$660,016,721$192,145,500$935,237,784

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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.