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New Mexico Powerball Jackpot Annuity Payout Schedule for Sep 23, 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 $333,100,000 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:Wed, Sep 23, 2026
Jackpot:$333,100,000
Federal Tax:37% marginal rate
State Tax: 5.9%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$5,013,633$1,811,001$295,804$2,906,827
2$5,264,315$1,903,754$310,595$3,049,966
3$5,527,530$2,001,143$326,124$3,200,263
4$5,803,907$2,103,403$342,431$3,358,074
5$6,094,102$2,210,775$359,552$3,523,775
6$6,398,807$2,323,516$377,530$3,697,762
7$6,718,748$2,441,894$396,406$3,880,448
8$7,054,685$2,566,191$416,226$4,072,268
9$7,407,420$2,696,702$437,038$4,273,679
10$7,777,790$2,833,740$458,890$4,485,161
11$8,166,680$2,977,629$481,834$4,707,217
12$8,575,014$3,128,712$505,926$4,940,376
13$9,003,765$3,287,350$531,222$5,185,192
14$9,453,953$3,453,920$557,783$5,442,250
15$9,926,650$3,628,818$585,672$5,712,160
16$10,422,983$3,812,461$614,956$5,995,566
17$10,944,132$4,005,286$645,704$6,293,142
18$11,491,339$4,207,753$677,989$6,605,597
19$12,065,906$4,420,342$711,888$6,933,675
20$12,669,201$4,643,562$747,483$7,278,157
21$13,302,661$4,877,942$784,857$7,639,862
22$13,967,794$5,124,041$824,100$8,019,653
23$14,666,184$5,382,445$865,305$8,418,434
24$15,399,493$5,653,770$908,570$8,837,153
25$16,169,467$5,938,660$953,999$9,276,809
26$16,977,941$6,237,795$1,001,699$9,738,447
27$17,826,838$6,551,887$1,051,783$10,223,167
28$18,718,180$6,881,684$1,104,373$10,732,123
29$19,654,089$7,227,970$1,159,591$11,266,527
30$20,636,793$7,591,571$1,217,571$11,827,652
Total$333,100,001$121,925,717$19,652,901$191,521,382

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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.