USA Mega

New Mexico Powerball Jackpot Annuity Payout Schedule for May 27, 2026

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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 $154,700,000 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, May 27, 2026
Jackpot:$154,700,000
Federal Tax:37% marginal rate
State Tax: 5.9%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$2,328,457$817,486$137,379$1,373,592
2$2,444,880$860,563$144,248$1,440,069
3$2,567,124$905,793$151,460$1,509,870
4$2,695,480$953,285$159,033$1,583,162
5$2,830,254$1,003,151$166,985$1,660,118
6$2,971,767$1,055,511$175,334$1,740,922
7$3,120,355$1,110,489$184,101$1,825,766
8$3,276,373$1,168,215$193,306$1,914,852
9$3,440,192$1,228,828$202,971$2,008,392
10$3,612,201$1,292,472$213,120$2,106,610
11$3,792,811$1,359,297$223,776$2,209,738
12$3,982,452$1,429,464$234,965$2,318,023
13$4,181,574$1,503,140$246,713$2,431,722
14$4,390,653$1,580,499$259,049$2,551,106
15$4,610,186$1,661,726$272,001$2,676,459
16$4,840,695$1,747,014$285,601$2,808,080
17$5,082,730$1,836,567$299,881$2,946,281
18$5,336,866$1,930,598$314,875$3,091,393
19$5,603,709$2,029,330$330,619$3,243,761
20$5,883,895$2,132,998$347,150$3,403,747
21$6,178,090$2,241,850$364,507$3,571,732
22$6,486,994$2,356,145$382,733$3,748,116
23$6,811,344$2,476,154$401,869$3,933,320
24$7,151,911$2,602,164$421,963$4,127,784
25$7,509,506$2,734,475$443,061$4,331,971
26$7,884,982$2,873,401$465,214$4,546,367
27$8,279,231$3,019,273$488,475$4,771,484
28$8,693,192$3,172,438$512,898$5,007,856
29$9,127,852$3,333,263$538,543$5,256,046
30$9,584,245$3,502,128$565,470$5,516,647
Total$154,700,000$55,917,717$9,127,300$89,654,986

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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.