USA Mega

New Mexico Powerball Jackpot Annuity Payout Schedule for Nov 10, 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 $492,300,000 for a ticket purchased in New Mexico, 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 Mexico

Drawing Date:Mon, Nov 10, 2025
Jackpot:$492,300,000
Federal Tax:37% marginal rate
State Tax: 5.9%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$7,409,821$2,697,591$437,179$4,275,051
2$7,780,313$2,834,673$459,038$4,486,601
3$8,169,328$2,978,609$481,990$4,708,729
4$8,577,795$3,129,741$506,090$4,941,964
5$9,006,684$3,288,430$531,394$5,186,859
6$9,457,019$3,455,054$557,964$5,444,000
7$9,929,870$3,630,009$585,862$5,713,998
8$10,426,363$3,813,712$615,155$5,997,496
9$10,947,681$4,006,599$645,913$6,295,169
10$11,495,065$4,209,131$678,209$6,607,725
11$12,069,819$4,421,790$712,119$6,935,909
12$12,673,309$4,645,082$747,725$7,280,502
13$13,306,975$4,879,538$785,112$7,642,325
14$13,972,324$5,125,717$824,367$8,022,240
15$14,670,940$5,384,205$865,585$8,421,149
16$15,404,487$5,655,617$908,865$8,840,005
17$16,174,711$5,940,600$954,308$9,279,803
18$16,983,447$6,239,833$1,002,023$9,741,591
19$17,832,619$6,554,026$1,052,125$10,226,468
20$18,724,250$6,883,930$1,104,731$10,735,589
21$19,660,462$7,230,328$1,159,967$11,270,167
22$20,643,485$7,594,047$1,217,966$11,831,473
23$21,675,660$7,975,951$1,278,864$12,420,845
24$22,759,443$8,376,951$1,342,807$13,039,684
25$23,897,415$8,798,001$1,409,947$13,689,467
26$25,092,286$9,240,103$1,480,445$14,371,738
27$26,346,900$9,704,310$1,554,467$15,088,123
28$27,664,245$10,191,728$1,632,190$15,840,326
29$29,047,457$10,703,516$1,713,800$16,630,141
30$30,499,830$11,240,894$1,799,490$17,459,446
Total$492,300,001$180,829,716$29,045,697$282,424,583

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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.