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New York Powerball Jackpot Annuity Payout Schedule for Aug 3, 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 $753,600,000 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, Aug 3, 2026
Jackpot:$753,600,000
Federal Tax:37% marginal rate
State Tax: 10.9%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$11,342,761$4,152,779$1,236,361$5,953,621
2$11,909,900$4,362,620$1,298,179$6,249,100
3$12,505,394$4,582,953$1,363,088$6,559,353
4$13,130,665$4,814,303$1,431,242$6,885,119
5$13,787,197$5,057,220$1,502,804$7,227,172
6$14,476,557$5,312,283$1,577,945$7,586,329
7$15,200,386$5,580,100$1,656,842$7,963,444
8$15,960,405$5,861,307$1,739,684$8,359,414
9$16,758,425$6,156,574$1,826,668$8,775,182
10$17,596,346$6,466,605$1,918,002$9,211,739
11$18,476,163$6,792,138$2,013,902$9,670,124
12$19,399,972$7,133,947$2,114,597$10,151,428
13$20,369,970$7,492,846$2,220,327$10,656,797
14$21,388,469$7,869,691$2,331,343$11,187,435
15$22,457,892$8,265,377$2,447,910$11,744,604
16$23,580,787$8,680,848$2,570,306$12,329,633
17$24,759,826$9,117,093$2,698,821$12,943,912
18$25,997,817$9,575,150$2,833,762$13,588,905
19$27,297,708$10,056,109$2,975,450$14,266,149
20$28,662,593$10,561,117$3,124,223$14,977,254
21$30,095,723$11,091,375$3,280,434$15,723,914
22$31,600,509$11,648,146$3,444,455$16,507,908
23$33,180,535$12,232,755$3,616,678$17,331,101
24$34,839,561$12,846,595$3,797,512$18,195,454
25$36,581,539$13,491,127$3,987,388$19,103,025
26$38,410,617$14,167,885$4,186,757$20,055,974
27$40,331,147$14,878,482$4,396,095$21,056,571
28$42,347,704$15,624,608$4,615,900$22,107,197
29$44,465,090$16,408,040$4,846,695$23,210,354
30$46,688,344$17,230,645$5,089,030$24,368,670
Total$753,600,002$277,510,718$82,142,400$393,946,882

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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.