USA Mega

New Mexico Powerball Jackpot Annuity Payout Schedule for Aug 25, 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 $776,700,000 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, Aug 25, 2025
Jackpot:$776,700,000
Federal Tax:37% marginal rate
State Tax: 5.9%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$11,690,450$4,279,615$689,737$6,721,098
2$12,274,972$4,495,889$724,223$7,054,860
3$12,888,721$4,722,976$760,435$7,405,310
4$13,533,157$4,961,417$798,456$7,773,284
5$14,209,814$5,211,780$838,379$8,159,655
6$14,920,305$5,474,662$880,298$8,565,345
7$15,666,321$5,750,688$924,313$8,991,320
8$16,449,637$6,040,515$970,529$9,438,594
9$17,272,119$6,344,833$1,019,055$9,908,231
10$18,135,724$6,664,367$1,070,008$10,401,350
11$19,042,511$6,999,878$1,123,508$10,919,125
12$19,994,636$7,352,164$1,179,684$11,462,788
13$20,994,368$7,722,065$1,238,668$12,033,635
14$22,044,087$8,110,461$1,300,601$12,633,024
15$23,146,291$8,518,277$1,365,631$13,262,383
16$24,303,606$8,946,483$1,433,913$13,923,210
17$25,518,785$9,396,100$1,505,608$14,617,077
18$26,794,725$9,868,197$1,580,889$15,345,639
19$28,134,461$10,363,899$1,659,933$16,110,628
20$29,541,184$10,884,387$1,742,930$16,913,867
21$31,018,243$11,430,899$1,830,076$17,757,268
22$32,569,155$12,004,736$1,921,580$18,642,839
23$34,197,613$12,607,266$2,017,659$19,572,688
24$35,907,493$13,239,922$2,118,542$20,549,030
25$37,702,868$13,904,210$2,224,469$21,574,189
26$39,588,012$14,601,714$2,335,693$22,650,606
27$41,567,413$15,334,092$2,452,477$23,780,844
28$43,645,783$16,103,089$2,575,101$24,967,593
29$45,828,072$16,910,536$2,703,856$26,213,680
30$48,119,476$17,758,355$2,839,049$27,522,072
Total$776,700,002$286,003,472$45,825,300$444,871,232

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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.