USA Mega

New York Powerball Jackpot Annuity Payout Schedule for Jul 23, 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 $326,100,000 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:Wed, Jul 23, 2025
Jackpot:$326,100,000
Federal Tax:37% marginal rate
State Tax: 10.9%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$4,908,273$1,772,018$535,002$2,601,253
2$5,153,687$1,862,821$561,752$2,729,114
3$5,411,371$1,958,164$589,839$2,863,367
4$5,681,940$2,058,275$619,331$3,004,333
5$5,966,036$2,163,391$650,298$3,152,348
6$6,264,338$2,273,762$682,813$3,307,763
7$6,577,555$2,389,653$716,954$3,470,949
8$6,906,433$2,511,337$752,801$3,642,294
9$7,251,755$2,639,107$790,441$3,822,207
10$7,614,342$2,773,264$829,963$4,011,115
11$7,995,060$2,914,129$871,461$4,209,469
12$8,394,813$3,062,038$915,035$4,417,740
13$8,814,553$3,217,342$960,786$4,636,425
14$9,255,281$3,380,411$1,008,826$4,866,044
15$9,718,045$3,551,634$1,059,267$5,107,144
16$10,203,947$3,731,418$1,112,230$5,360,299
17$10,714,144$3,920,191$1,167,842$5,626,112
18$11,249,852$4,118,402$1,226,234$5,905,215
19$11,812,344$4,326,525$1,287,546$6,198,274
20$12,402,961$4,545,053$1,351,923$6,505,986
21$13,023,109$4,774,508$1,419,519$6,829,083
22$13,674,265$5,015,435$1,490,495$7,168,335
23$14,357,978$5,268,409$1,565,020$7,524,549
24$15,075,877$5,534,032$1,643,271$7,898,575
25$15,829,671$5,812,935$1,725,434$8,291,301
26$16,621,155$6,105,784$1,811,706$8,703,664
27$17,452,212$6,413,276$1,902,291$9,136,645
28$18,324,823$6,736,142$1,997,406$9,591,275
29$19,241,064$7,075,151$2,097,276$10,068,637
30$20,203,117$7,431,111$2,202,140$10,569,867
Total$326,100,001$119,335,718$35,544,902$171,219,382

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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.