USA Mega

New Jersey Powerball Jackpot Annuity Payout Schedule for Apr 11, 2026

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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 $36,200,000 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, Apr 11, 2026
Jackpot:$36,200,000
Federal Tax:37% marginal rate
State Tax: 10.75%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$544,862$159,471$58,573$326,818
2$572,105$169,006$61,501$341,598
3$600,710$179,018$64,576$357,116
4$630,746$189,530$67,805$373,410
5$662,283$201,002$71,195$390,086
6$695,397$213,254$74,755$407,388
7$730,167$226,119$78,493$425,555
8$766,675$239,627$82,418$444,631
9$805,009$253,811$86,538$464,660
10$845,260$268,703$90,865$485,691
11$887,523$284,341$95,409$507,773
12$931,899$300,760$100,179$530,960
13$978,494$318,000$105,188$555,306
14$1,027,418$336,102$110,447$580,869
15$1,078,789$355,109$115,970$607,710
16$1,132,729$375,067$121,768$635,894
17$1,189,365$396,022$127,857$665,486
18$1,248,834$418,026$134,250$696,558
19$1,311,275$441,129$140,962$729,184
20$1,376,839$465,388$148,010$763,441
21$1,445,681$490,859$155,411$799,411
22$1,517,965$517,604$163,181$837,179
23$1,593,863$545,687$171,340$876,836
24$1,673,556$575,173$179,907$918,476
25$1,757,234$606,134$188,903$962,198
26$1,845,096$638,643$198,348$1,008,105
27$1,937,351$672,777$208,265$1,056,309
28$2,034,218$708,618$218,678$1,106,922
29$2,135,929$746,251$229,612$1,160,066
30$2,242,726$785,766$241,093$1,215,867
Total$36,200,000$12,076,997$3,891,497$20,231,503

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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.