USA Mega

New York Powerball Jackpot Annuity Payout Schedule for Jun 28, 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 $152,800,000 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 28, 2025
Jackpot:$152,800,000
Federal Tax:37% marginal rate
State Tax: 10.9%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$2,299,859$806,905$250,685$1,242,269
2$2,414,852$849,453$263,219$1,302,181
3$2,535,595$894,127$276,380$1,365,088
4$2,662,375$941,036$290,199$1,431,140
5$2,795,493$990,290$304,709$1,500,495
6$2,935,268$1,042,006$319,944$1,573,317
7$3,082,031$1,096,309$335,941$1,649,781
8$3,236,133$1,153,326$352,738$1,730,068
9$3,397,940$1,213,195$370,375$1,814,369
10$3,567,837$1,276,057$388,894$1,902,886
11$3,746,228$1,342,062$408,339$1,995,828
12$3,933,540$1,411,367$428,756$2,093,417
13$4,130,217$1,484,137$450,194$2,195,886
14$4,336,728$1,560,547$472,703$2,303,478
15$4,553,564$1,640,776$496,338$2,416,450
16$4,781,242$1,725,017$521,155$2,535,070
17$5,020,304$1,813,470$547,213$2,659,621
18$5,271,320$1,906,346$574,574$2,790,400
19$5,534,886$2,003,865$603,303$2,927,718
20$5,811,630$2,106,260$633,468$3,071,902
21$6,102,211$2,213,775$665,141$3,223,295
22$6,407,322$2,326,666$698,398$3,382,257
23$6,727,688$2,445,202$733,318$3,549,168
24$7,064,072$2,569,664$769,984$3,724,424
25$7,417,276$2,700,349$808,483$3,908,444
26$7,788,140$2,837,569$848,907$4,101,664
27$8,177,547$2,981,650$891,353$4,304,545
28$8,586,424$3,132,934$935,920$4,517,570
29$9,015,745$3,291,783$982,716$4,741,246
30$9,466,533$3,458,574$1,031,852$4,976,106
Total$152,800,000$55,214,717$16,655,199$80,930,083

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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.