USA Mega

New York Powerball Jackpot Annuity Payout Schedule for Jan 10, 2026

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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 $126,300,000 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, Jan 10, 2026
Jackpot:$126,300,000
Federal Tax:37% marginal rate
State Tax: 10.9%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$1,900,996$659,326$207,209$1,034,462
2$1,996,046$694,494$217,569$1,083,983
3$2,095,848$731,421$228,447$1,135,980
4$2,200,641$770,194$239,870$1,190,577
5$2,310,673$810,906$251,863$1,247,903
6$2,426,206$853,654$264,457$1,308,096
7$2,547,517$898,538$277,679$1,371,299
8$2,674,893$945,668$291,563$1,437,662
9$2,808,637$995,153$306,141$1,507,343
10$2,949,069$1,047,113$321,449$1,580,508
11$3,096,523$1,101,671$337,521$1,657,331
12$3,251,349$1,158,956$354,397$1,737,995
13$3,413,916$1,219,106$372,117$1,822,693
14$3,584,612$1,282,264$390,723$1,911,626
15$3,763,843$1,348,579$410,259$2,005,005
16$3,952,035$1,418,210$430,772$2,103,053
17$4,149,636$1,491,323$452,310$2,206,003
18$4,357,118$1,568,091$474,926$2,314,101
19$4,574,974$1,648,698$498,672$2,427,604
20$4,803,723$1,733,335$523,606$2,546,782
21$5,043,909$1,822,204$549,786$2,671,919
22$5,296,104$1,915,516$577,275$2,803,313
23$5,560,910$2,013,494$606,139$2,941,277
24$5,838,955$2,116,371$636,446$3,086,138
25$6,130,903$2,224,391$668,268$3,238,243
26$6,437,448$2,337,813$701,682$3,397,953
27$6,759,320$2,456,906$736,766$3,565,649
28$7,097,286$2,581,953$773,604$3,741,729
29$7,452,151$2,713,253$812,284$3,926,613
30$7,824,758$2,851,118$852,899$4,120,742
Total$126,300,000$45,409,719$13,766,699$67,123,582

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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.