USA Mega

New Mexico Powerball Jackpot Annuity Payout Schedule for Dec 1, 2025

Media: You may freely use any information on this page, but you must credit usamega.com.

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 $744,700,000 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, Dec 1, 2025
Jackpot:$744,700,000
Federal Tax:37% marginal rate
State Tax: 5.9%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$11,208,804$4,103,215$661,319$6,444,270
2$11,769,244$4,310,578$694,385$6,764,281
3$12,357,706$4,528,308$729,105$7,100,293
4$12,975,592$4,756,926$765,560$7,453,106
5$13,624,371$4,996,974$803,838$7,823,558
6$14,305,589$5,249,025$844,030$8,212,534
7$15,020,869$5,513,679$886,231$8,620,959
8$15,771,913$5,791,565$930,543$9,049,805
9$16,560,508$6,083,345$977,070$9,500,093
10$17,388,534$6,389,715$1,025,923$9,972,895
11$18,257,960$6,711,403$1,077,220$10,469,338
12$19,170,858$7,049,175$1,131,081$10,990,603
13$20,129,401$7,403,836$1,187,635$11,537,931
14$21,135,871$7,776,230$1,247,016$12,112,625
15$22,192,665$8,167,243$1,309,367$12,716,054
16$23,302,298$8,577,808$1,374,836$13,349,655
17$24,467,413$9,008,900$1,443,577$14,014,935
18$25,690,783$9,461,547$1,515,756$14,713,480
19$26,975,322$9,936,827$1,591,544$15,446,952
20$28,324,089$10,435,870$1,671,121$16,217,097
21$29,740,293$10,959,866$1,754,677$17,025,750
22$31,227,308$11,510,061$1,842,411$17,874,835
23$32,788,673$12,087,766$1,934,532$18,766,375
24$34,428,107$12,694,357$2,031,258$19,702,492
25$36,149,512$13,331,277$2,132,821$20,685,414
26$37,956,988$14,000,043$2,239,462$21,717,483
27$39,854,837$14,702,247$2,351,435$22,801,155
28$41,847,579$15,439,561$2,469,007$23,939,010
29$43,939,958$16,213,742$2,592,458$25,133,759
30$46,136,956$17,026,631$2,722,080$26,388,245
Total$744,700,001$274,217,720$43,937,298$426,544,982

◄ Back to Jackpot Analysis

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.