USA Mega

New York Powerball Jackpot Annuity Payout Schedule for Jul 29, 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 $663,000,000 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 29, 2026
Jackpot:$663,000,000
Federal Tax:37% marginal rate
State Tax: 10.9%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$9,979,101$3,648,225$1,087,722$5,243,155
2$10,478,057$3,832,838$1,142,108$5,503,110
3$11,001,959$4,026,682$1,199,214$5,776,064
4$11,552,058$4,230,219$1,259,174$6,062,665
5$12,129,660$4,443,931$1,322,133$6,363,596
6$12,736,143$4,668,330$1,388,240$6,679,573
7$13,372,951$4,903,949$1,457,652$7,011,350
8$14,041,598$5,151,349$1,530,534$7,359,715
9$14,743,678$5,411,118$1,607,061$7,725,499
10$15,480,862$5,683,876$1,687,414$8,109,572
11$16,254,905$5,970,272$1,771,785$8,512,848
12$17,067,650$6,270,988$1,860,374$8,936,288
13$17,921,033$6,586,739$1,953,393$9,380,901
14$18,817,084$6,918,278$2,051,062$9,847,744
15$19,757,938$7,266,394$2,153,615$10,337,929
16$20,745,836$7,631,916$2,261,296$10,852,623
17$21,783,127$8,015,714$2,374,361$11,393,052
18$22,872,283$8,418,702$2,493,079$11,960,502
19$24,015,897$8,841,839$2,617,733$12,556,325
20$25,216,693$9,286,133$2,748,619$13,181,940
21$26,477,527$9,752,642$2,886,050$13,838,834
22$27,801,403$10,242,476$3,030,353$14,528,574
23$29,191,474$10,756,802$3,181,871$15,252,801
24$30,651,047$11,296,845$3,340,964$16,013,238
25$32,183,599$11,863,889$3,508,012$16,811,698
26$33,792,780$12,459,286$3,683,413$17,650,081
27$35,482,419$13,084,452$3,867,584$18,530,383
28$37,256,539$13,740,877$4,060,963$19,454,700
29$39,119,366$14,430,123$4,264,011$20,425,233
30$41,075,335$15,153,831$4,477,212$21,444,292
Total$663,000,001$243,988,715$72,267,002$346,744,285

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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.