USA Mega

North Carolina Powerball Jackpot Annuity Payout Schedule for Dec 17, 2025

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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 $1,266,700,000 for a ticket purchased in North Carolina, 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:

North Carolina

Drawing Date:Wed, Dec 17, 2025
Jackpot:$1,266,700,000
Federal Tax:37% marginal rate
State Tax: 3.99%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$19,065,653$7,010,249$760,720$11,294,684
2$20,018,936$7,362,963$798,756$11,857,217
3$21,019,882$7,733,314$838,693$12,447,875
4$22,070,877$8,122,182$880,628$13,068,067
5$23,174,420$8,530,493$924,659$13,719,268
6$24,333,141$8,959,219$970,892$14,403,029
7$25,549,799$9,409,383$1,019,437$15,120,979
8$26,827,289$9,882,054$1,070,409$15,874,826
9$28,168,653$10,378,359$1,123,929$16,666,365
10$29,577,085$10,899,479$1,180,126$17,497,481
11$31,055,940$11,446,655$1,239,132$18,370,153
12$32,608,737$12,021,190$1,301,089$19,286,458
13$34,239,173$12,624,451$1,366,143$20,248,579
14$35,951,132$13,257,876$1,434,450$21,258,806
15$37,748,689$13,922,972$1,506,173$22,319,544
16$39,636,123$14,621,323$1,581,481$23,433,319
17$41,617,929$15,354,591$1,660,555$24,602,783
18$43,698,826$16,124,523$1,743,583$25,830,720
19$45,883,767$16,932,951$1,830,762$27,120,053
20$48,177,955$17,781,801$1,922,300$28,473,854
21$50,586,853$18,673,093$2,018,415$29,895,345
22$53,116,195$19,608,950$2,119,336$31,387,910
23$55,772,006$20,591,599$2,225,303$32,955,103
24$58,560,605$21,623,381$2,336,568$34,600,656
25$61,488,635$22,706,752$2,453,397$36,328,486
26$64,563,068$23,844,292$2,576,066$38,142,709
27$67,791,221$25,038,709$2,704,870$40,047,643
28$71,180,781$26,292,846$2,840,113$42,047,822
29$74,739,821$27,609,691$2,982,119$44,148,011
30$78,476,813$28,992,378$3,131,225$46,353,210
Total$1,266,700,003$467,357,719$50,541,329$748,800,955

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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.