USA Mega

New York Powerball Jackpot Annuity Payout Schedule for Jun 10, 2017

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 $447,800,000 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, Jun 10, 2017
Jackpot:$447,800,000
Federal Tax:37% marginal rate
State Tax: 10.9%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$6,740,033$2,450,832$734,664$3,554,537
2$7,077,034$2,575,523$771,397$3,730,115
3$7,430,886$2,706,448$809,967$3,914,471
4$7,802,430$2,843,920$850,465$4,108,046
5$8,192,552$2,988,264$892,988$4,311,299
6$8,602,179$3,139,827$937,638$4,524,715
7$9,032,289$3,298,967$984,519$4,748,802
8$9,483,903$3,466,064$1,033,745$4,984,093
9$9,958,098$3,641,517$1,085,433$5,231,149
10$10,456,003$3,825,741$1,139,704$5,490,557
11$10,978,803$4,019,177$1,196,690$5,762,936
12$11,527,743$4,222,285$1,256,524$6,048,934
13$12,104,130$4,435,548$1,319,350$6,349,232
14$12,709,337$4,659,475$1,385,318$6,664,544
15$13,344,804$4,894,598$1,454,584$6,995,622
16$14,012,044$5,141,477$1,527,313$7,343,255
17$14,712,646$5,400,699$1,603,678$7,708,268
18$15,448,278$5,672,883$1,683,862$8,091,533
19$16,220,692$5,958,676$1,768,055$8,493,960
20$17,031,727$6,258,759$1,856,458$8,916,509
21$17,883,313$6,573,846$1,949,281$9,360,186
22$18,777,479$6,904,687$2,046,745$9,826,046
23$19,716,353$7,252,071$2,149,082$10,315,200
24$20,702,170$7,616,823$2,256,537$10,828,810
25$21,737,279$7,999,813$2,369,363$11,368,102
26$22,824,143$8,401,953$2,487,832$11,934,358
27$23,965,350$8,824,200$2,612,223$12,528,927
28$25,163,617$9,267,559$2,742,834$13,153,224
29$26,421,798$9,733,086$2,879,976$13,808,737
30$27,742,888$10,221,889$3,023,975$14,497,025
Total$447,800,001$164,396,607$48,810,200$234,593,192

◄ 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.