USA Mega

New Mexico Powerball Jackpot Annuity Payout Schedule for Dec 27, 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 $21,100,000 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:Sat, Dec 27, 2025
Jackpot:$21,100,000
Federal Tax:37% marginal rate
State Tax: 5.9%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$317,585$79,924$18,738$218,924
2$333,465$85,482$19,674$228,308
3$350,138$91,317$20,658$238,162
4$367,645$97,445$21,691$248,509
5$386,027$103,879$22,776$259,373
6$405,328$110,634$23,914$270,780
7$425,595$117,727$25,110$282,757
8$446,874$125,175$26,366$295,334
9$469,218$132,996$27,684$308,539
10$492,679$141,207$29,068$322,404
11$517,313$149,829$30,521$336,963
12$543,179$158,882$32,048$352,249
13$570,338$168,387$33,650$368,300
14$598,854$178,368$35,332$385,154
15$628,797$188,848$37,099$402,850
16$660,237$200,245$38,954$421,038
17$693,249$212,459$40,902$439,888
18$727,911$225,284$42,947$459,680
19$764,307$238,751$45,094$480,462
20$802,522$252,890$47,349$502,283
21$842,648$267,737$49,716$525,195
22$884,781$283,326$52,202$549,253
23$929,020$299,695$54,812$574,513
24$975,471$316,881$57,553$601,037
25$1,024,244$334,928$60,430$628,886
26$1,075,456$353,876$63,452$658,128
27$1,129,229$373,772$66,625$688,833
28$1,185,691$394,663$69,956$721,072
29$1,244,975$416,598$73,454$754,924
30$1,307,224$439,630$77,126$790,468
Total$21,100,000$6,540,835$1,244,901$13,314,266

◄ 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.