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 $667,700,000 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:$667,700,000
Federal Tax:37% marginal rate
State Tax: 10.9%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$10,049,843$3,674,399$1,095,433$5,280,011
2$10,552,335$3,860,321$1,150,205$5,541,810
3$11,079,952$4,055,539$1,207,715$5,816,698
4$11,633,950$4,260,519$1,268,101$6,105,331
5$12,215,647$4,475,747$1,331,506$6,408,395
6$12,826,430$4,701,736$1,398,081$6,726,613
7$13,467,751$4,939,025$1,467,985$7,060,741
8$14,141,139$5,188,179$1,541,384$7,411,576
9$14,848,196$5,449,790$1,618,453$7,779,953
10$15,590,605$5,724,481$1,699,376$8,166,748
11$16,370,136$6,012,907$1,784,345$8,572,883
12$17,188,642$6,315,755$1,873,562$8,999,325
13$18,048,075$6,633,745$1,967,240$9,447,090
14$18,950,478$6,967,634$2,065,602$9,917,242
15$19,898,002$7,318,218$2,168,882$10,410,902
16$20,892,903$7,686,331$2,277,326$10,929,245
17$21,937,547$8,072,850$2,391,193$11,473,505
18$23,034,425$8,478,694$2,510,752$12,044,978
19$24,186,146$8,904,831$2,636,290$12,645,025
20$25,395,453$9,352,275$2,768,104$13,275,074
21$26,665,226$9,822,091$2,906,510$13,936,625
22$27,998,487$10,315,397$3,051,835$14,631,255
23$29,398,412$10,833,370$3,204,427$15,360,615
24$30,868,332$11,377,240$3,364,648$16,126,444
25$32,411,748$11,948,304$3,532,881$16,930,564
26$34,032,336$12,547,922$3,709,525$17,774,890
27$35,733,953$13,177,520$3,895,001$18,661,432
28$37,520,650$13,838,598$4,089,751$19,592,302
29$39,396,683$14,532,730$4,294,238$20,569,715
30$41,366,518$15,261,569$4,508,950$21,595,998
Total$667,700,001$245,727,717$72,779,301$349,192,985

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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.