USA Mega

New York Powerball Jackpot Annuity Payout Schedule for Oct 11, 2025

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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 $244,300,000 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, Oct 11, 2025
Jackpot:$244,300,000
Federal Tax:37% marginal rate
State Tax: 10.9%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$3,677,066$1,316,472$400,800$1,959,794
2$3,860,919$1,384,497$420,840$2,055,582
3$4,053,965$1,455,924$441,882$2,156,158
4$4,256,663$1,530,923$463,976$2,261,764
5$4,469,496$1,609,671$487,175$2,372,650
6$4,692,971$1,692,357$511,534$2,489,081
7$4,927,620$1,779,177$537,111$2,611,333
8$5,174,001$1,870,337$563,966$2,739,697
9$5,432,701$1,966,056$592,164$2,874,480
10$5,704,336$2,066,561$621,773$3,016,002
11$5,989,552$2,172,092$652,861$3,164,600
12$6,289,030$2,282,898$685,504$3,320,627
13$6,603,482$2,399,245$719,779$3,484,457
14$6,933,656$2,521,410$755,768$3,656,477
15$7,280,338$2,649,682$793,557$3,837,099
16$7,644,355$2,784,369$833,235$4,026,752
17$8,026,573$2,925,789$874,896$4,225,887
18$8,427,902$3,074,281$918,641$4,434,980
19$8,849,297$3,230,197$964,573$4,654,526
20$9,291,762$3,393,909$1,012,802$4,885,051
21$9,756,350$3,565,807$1,063,442$5,127,101
22$10,244,167$3,746,299$1,116,614$5,381,254
23$10,756,376$3,935,816$1,172,445$5,648,114
24$11,294,194$4,134,809$1,231,067$5,928,318
25$11,858,904$4,343,752$1,292,621$6,222,532
26$12,451,849$4,563,142$1,357,252$6,531,456
27$13,074,442$4,793,501$1,425,114$6,855,827
28$13,728,164$5,035,378$1,496,370$7,196,416
29$14,414,572$5,289,349$1,571,188$7,554,035
30$15,135,301$5,556,018$1,649,748$7,929,534
Total$244,300,000$89,069,718$26,628,698$128,601,584

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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.