USA Mega

New York Powerball Jackpot Annuity Payout Schedule for May 18, 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 $101,400,000 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:Mon, May 18, 2026
Jackpot:$101,400,000
Federal Tax:37% marginal rate
State Tax: 10.9%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$1,526,216$520,657$166,357$839,201
2$1,602,526$548,892$174,675$878,959
3$1,682,653$578,539$183,409$920,705
4$1,766,785$609,668$192,580$964,538
5$1,855,124$642,353$202,209$1,010,563
6$1,947,881$676,673$212,319$1,058,889
7$2,045,275$712,709$222,935$1,109,631
8$2,147,539$750,547$234,082$1,162,910
9$2,254,915$790,276$245,786$1,218,854
10$2,367,661$831,992$258,075$1,277,594
11$2,486,044$875,794$270,979$1,339,272
12$2,610,346$921,785$284,528$1,404,033
13$2,740,864$970,077$298,754$1,472,033
14$2,877,907$1,020,783$313,692$1,543,432
15$3,021,802$1,074,024$329,376$1,618,402
16$3,172,892$1,129,927$345,845$1,697,120
17$3,331,537$1,188,626$363,138$1,779,774
18$3,498,114$1,250,259$381,294$1,866,560
19$3,673,020$1,314,975$400,359$1,957,686
20$3,856,671$1,382,925$420,377$2,053,368
21$4,049,504$1,454,274$441,396$2,153,834
22$4,251,979$1,529,190$463,466$2,259,324
23$4,464,578$1,607,851$486,639$2,370,088
24$4,687,807$1,690,446$510,971$2,486,390
25$4,922,198$1,777,170$536,520$2,608,508
26$5,168,308$1,868,231$563,346$2,736,731
27$5,426,723$1,963,845$591,513$2,871,365
28$5,698,059$2,064,239$621,088$3,012,731
29$5,982,962$2,169,653$652,143$3,161,166
30$6,282,110$2,280,338$684,750$3,317,022
Total$101,400,000$36,196,718$11,052,601$54,150,683

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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.