USA Mega

New York Powerball Jackpot Annuity Payout Schedule for Aug 27, 2025

Media: You may freely use any information on this page, but you must credit usamega.com.

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 $861,200,000 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, Aug 27, 2025
Jackpot:$861,200,000
Federal Tax:37% marginal rate
State Tax: 10.9%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$12,962,296$4,752,007$1,412,890$6,797,399
2$13,610,411$4,991,809$1,483,535$7,135,067
3$14,290,931$5,243,602$1,557,711$7,489,618
4$15,005,478$5,507,984$1,635,597$7,861,897
5$15,755,751$5,785,585$1,717,377$8,252,789
6$16,543,539$6,077,067$1,803,246$8,663,227
7$17,370,717$6,383,122$1,893,408$9,094,186
8$18,239,252$6,704,481$1,988,079$9,546,693
9$19,151,215$7,041,907$2,087,482$10,021,826
10$20,108,775$7,396,204$2,191,857$10,520,715
11$21,114,214$7,768,217$2,301,449$11,044,548
12$22,169,925$8,158,829$2,416,522$11,594,574
13$23,278,421$8,568,973$2,537,348$12,172,100
14$24,442,342$8,999,624$2,664,215$12,778,503
15$25,664,459$9,451,807$2,797,426$13,415,226
16$26,947,683$9,926,600$2,937,297$14,083,785
17$28,295,066$10,425,132$3,084,162$14,785,772
18$29,709,820$10,948,591$3,238,370$15,522,859
19$31,195,310$11,498,222$3,400,289$16,296,800
20$32,755,076$12,075,335$3,570,303$17,109,437
21$34,392,830$12,681,304$3,748,818$17,962,707
22$36,112,471$13,317,572$3,936,259$18,858,640
23$37,918,095$13,985,652$4,133,072$19,799,370
24$39,813,999$14,687,137$4,339,726$20,787,136
25$41,804,699$15,423,696$4,556,712$21,824,291
26$43,894,935$16,197,083$4,784,548$22,913,304
27$46,089,682$17,009,140$5,023,775$24,056,767
28$48,394,165$17,861,798$5,274,964$25,257,403
29$50,813,874$18,757,090$5,538,712$26,518,071
30$53,354,568$19,697,147$5,815,648$27,841,773
Total$861,200,002$317,322,717$93,870,797$450,006,483

◄ 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.