USA Mega

New Mexico Powerball Jackpot Annuity Payout Schedule for Dec 17, 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 $1,266,700,000 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:Wed, Dec 17, 2025
Jackpot:$1,266,700,000
Federal Tax:37% marginal rate
State Tax: 5.9%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$19,065,653$7,010,249$1,124,874$10,930,530
2$20,018,936$7,362,963$1,181,117$11,474,855
3$21,019,882$7,733,314$1,240,173$12,046,395
4$22,070,877$8,122,182$1,302,182$12,646,513
5$23,174,420$8,530,493$1,367,291$13,276,636
6$24,333,141$8,959,219$1,435,655$13,938,266
7$25,549,799$9,409,383$1,507,438$14,632,978
8$26,827,289$9,882,054$1,582,810$15,362,425
9$28,168,653$10,378,359$1,661,951$16,128,344
10$29,577,085$10,899,479$1,745,048$16,932,558
11$31,055,940$11,446,655$1,832,300$17,776,984
12$32,608,737$12,021,190$1,923,915$18,663,631
13$34,239,173$12,624,451$2,020,111$19,594,611
14$35,951,132$13,257,876$2,121,117$20,572,139
15$37,748,689$13,922,972$2,227,173$21,598,544
16$39,636,123$14,621,323$2,338,531$22,676,269
17$41,617,929$15,354,591$2,455,458$23,807,880
18$43,698,826$16,124,523$2,578,231$24,996,072
19$45,883,767$16,932,951$2,707,142$26,243,673
20$48,177,955$17,781,801$2,842,499$27,553,655
21$50,586,853$18,673,093$2,984,624$28,929,136
22$53,116,195$19,608,950$3,133,856$30,373,390
23$55,772,006$20,591,599$3,290,548$31,889,858
24$58,560,605$21,623,381$3,455,076$33,482,148
25$61,488,635$22,706,752$3,627,829$35,154,053
26$64,563,068$23,844,292$3,809,221$36,909,555
27$67,791,221$25,038,709$3,999,682$38,752,830
28$71,180,781$26,292,846$4,199,666$40,688,269
29$74,739,821$27,609,691$4,409,649$42,720,480
30$78,476,813$28,992,378$4,630,132$44,854,303
Total$1,266,700,003$467,357,719$74,735,299$724,606,980

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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.