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New York Powerball Jackpot Annuity Payout Schedule for Sep 12, 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 $235,800,000 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, Sep 12, 2026
Jackpot:$235,800,000
Federal Tax:37% marginal rate
State Tax: 10.9%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$3,549,128$1,269,135$386,855$1,893,139
2$3,726,585$1,334,794$406,198$1,985,593
3$3,912,914$1,403,735$426,508$2,082,671
4$4,108,560$1,476,124$447,833$2,184,602
5$4,313,988$1,552,133$470,225$2,291,630
6$4,529,687$1,631,941$493,736$2,404,010
7$4,756,172$1,715,741$518,423$2,522,008
8$4,993,980$1,803,730$544,344$2,645,906
9$5,243,679$1,896,119$571,561$2,776,000
10$5,505,863$1,993,127$600,139$2,912,597
11$5,781,156$2,094,985$630,146$3,056,025
12$6,070,214$2,201,936$661,653$3,206,624
13$6,373,725$2,314,235$694,736$3,364,753
14$6,692,411$2,432,149$729,473$3,530,789
15$7,027,031$2,555,959$765,946$3,705,126
16$7,378,383$2,685,959$804,244$3,888,180
17$7,747,302$2,822,459$844,456$4,080,387
18$8,134,667$2,965,784$886,679$4,282,204
19$8,541,401$3,116,275$931,013$4,494,112
20$8,968,471$3,274,291$977,563$4,716,616
21$9,416,894$3,440,208$1,026,441$4,950,245
22$9,887,739$3,614,421$1,077,764$5,195,555
23$10,382,126$3,797,344$1,131,652$5,453,130
24$10,901,232$3,989,413$1,188,234$5,723,585
25$11,446,294$4,191,086$1,247,646$6,007,562
26$12,018,609$4,402,842$1,310,028$6,305,738
27$12,619,539$4,625,187$1,375,530$6,618,823
28$13,250,516$4,858,648$1,444,306$6,947,561
29$13,913,042$5,103,783$1,516,522$7,292,737
30$14,608,694$5,361,174$1,592,348$7,655,172
Total$235,800,000$85,924,717$25,702,202$124,173,080

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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.