USA Mega

New York Powerball Jackpot Annuity Payout Schedule for Nov 18, 2000

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 $76,500,000 for a ticket purchased in New York, 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 York

Drawing Date:Sat, Nov 18, 2000
Jackpot:$76,500,000
Federal Tax:37% marginal rate
State Tax: 10.9%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$1,364,003$460,638$148,676$754,688
2$1,418,563$480,825$154,623$783,114
3$1,475,305$501,820$160,808$812,677
4$1,534,317$523,655$167,241$843,422
5$1,595,690$546,363$173,930$875,397
6$1,659,518$569,979$180,887$908,651
7$1,725,898$594,540$188,123$943,236
8$1,794,934$620,083$195,648$979,204
9$1,866,732$646,648$203,474$1,016,610
10$1,941,401$674,276$211,613$1,055,513
11$2,019,057$703,008$220,077$1,095,971
12$2,099,819$732,890$228,880$1,138,049
13$2,183,812$763,968$238,036$1,181,809
14$2,271,165$796,288$247,557$1,227,319
15$2,362,011$829,901$257,459$1,274,651
16$2,456,492$864,859$267,758$1,323,875
17$2,554,751$901,215$278,468$1,375,068
18$2,656,941$939,026$289,607$1,428,309
19$2,763,219$978,348$301,191$1,483,680
20$2,873,748$1,019,244$313,239$1,541,265
21$2,988,698$1,061,775$325,768$1,601,154
22$3,108,246$1,106,008$338,799$1,663,439
23$3,232,575$1,152,010$352,351$1,728,215
24$3,361,878$1,199,852$366,445$1,795,581
25$3,496,354$1,249,608$381,103$1,865,643
26$3,636,208$1,301,354$396,347$1,938,507
27$3,781,656$1,355,170$412,200$2,014,285
28$3,932,922$1,411,138$428,689$2,093,095
29$4,090,239$1,469,346$445,836$2,175,057
30$4,253,849$1,529,881$463,670$2,260,298
Total$76,500,000$26,983,716$8,338,503$41,177,782

◄ 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.