USA Mega

New York Powerball Jackpot Annuity Payout Schedule for Jun 4, 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 $30,200,000 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:Wed, Jun 4, 2025
Jackpot:$30,200,000
Federal Tax:37% marginal rate
State Tax: 10.9%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$454,553$127,863$49,546$277,144
2$477,281$135,818$52,024$289,440
3$501,145$144,170$54,625$302,350
4$526,202$152,940$57,356$315,906
5$552,512$162,149$60,224$330,140
6$580,138$171,818$63,235$345,085
7$609,145$181,970$66,397$360,778
8$639,602$192,630$69,717$377,256
9$671,582$204,443$73,202$393,937
10$705,161$216,867$76,863$411,432
11$740,420$229,912$80,706$429,801
12$777,440$243,610$84,741$449,089
13$816,312$257,993$88,978$469,342
14$857,128$273,095$93,427$490,607
15$899,985$288,952$98,098$512,935
16$944,984$305,601$103,003$536,379
17$992,233$323,083$108,153$560,996
18$1,041,845$341,440$113,561$586,844
19$1,093,937$360,714$119,239$613,984
20$1,148,634$380,952$125,201$642,481
21$1,206,065$402,201$131,461$672,403
22$1,266,369$424,514$138,034$703,821
23$1,329,687$447,941$144,936$736,810
24$1,396,171$472,541$152,183$771,448
25$1,465,980$498,370$159,792$807,818
26$1,539,279$525,490$167,781$846,007
27$1,616,243$553,967$176,170$886,105
28$1,697,055$583,868$184,979$928,208
29$1,781,908$615,263$194,228$972,417
30$1,871,003$648,228$203,939$1,018,835
Total$30,200,000$9,868,403$3,291,799$17,039,798

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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.