USA Mega

New York Powerball Jackpot Annuity Payout Schedule for Sep 5, 2015

Media: You may freely use any information on this page, but you must credit usamega.com.

The tax information provided here is based on 2025 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 $134,100,000 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, Sep 5, 2015
Jackpot:$134,100,000
Federal Tax:37% marginal rate
State Tax: 10.9%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$2,391,016$841,696$260,621$1,288,699
2$2,486,657$877,083$271,046$1,338,528
3$2,586,123$913,886$281,887$1,390,350
4$2,689,568$952,160$293,163$1,444,245
5$2,797,151$991,966$304,889$1,500,295
6$2,909,037$1,033,364$317,085$1,558,588
7$3,025,398$1,076,418$329,768$1,619,212
8$3,146,414$1,121,194$342,959$1,682,262
9$3,272,271$1,167,760$356,678$1,747,833
10$3,403,162$1,216,190$370,945$1,816,027
11$3,539,288$1,266,557$385,782$1,886,949
12$3,680,860$1,318,938$401,214$1,960,708
13$3,828,094$1,373,415$417,262$2,037,417
14$3,981,218$1,430,071$433,953$2,117,194
15$4,140,467$1,488,993$451,311$2,200,163
16$4,306,085$1,550,272$469,363$2,286,450
17$4,478,329$1,614,002$488,138$2,376,189
18$4,657,462$1,680,281$507,663$2,469,517
19$4,843,760$1,749,212$527,970$2,566,579
20$5,037,511$1,820,899$549,089$2,667,523
21$5,239,011$1,895,454$571,052$2,772,505
22$5,448,572$1,972,992$593,894$2,881,686
23$5,666,514$2,053,631$617,650$2,995,234
24$5,893,175$2,137,495$642,356$3,113,324
25$6,128,902$2,224,714$668,050$3,236,138
26$6,374,058$2,315,422$694,772$3,363,864
27$6,629,020$2,409,758$722,563$3,496,699
28$6,894,181$2,507,867$751,466$3,634,848
29$7,169,948$2,609,901$781,524$3,778,523
30$7,456,746$2,716,016$812,785$3,927,945
Total$134,100,000$48,327,607$14,616,898$71,155,494

◄ 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.