USA Mega

North Carolina Powerball Jackpot Annuity Payout Schedule for Dec 20, 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 $1,434,600,000 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:Sat, Dec 20, 2025
Jackpot:$1,434,600,000
Federal Tax:37% marginal rate
State Tax: 3.99%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$21,592,789$7,945,289$861,552$12,785,947
2$22,672,428$8,344,756$904,630$13,423,043
3$23,806,049$8,764,196$949,861$14,091,992
4$24,996,353$9,204,608$997,354$14,794,391
5$26,246,169$9,667,040$1,047,222$15,531,907
6$27,558,478$10,152,594$1,099,583$16,306,301
7$28,936,403$10,662,426$1,154,562$17,119,414
8$30,383,223$11,197,750$1,212,291$17,973,182
9$31,902,384$11,759,839$1,272,905$18,869,639
10$33,497,503$12,350,033$1,336,550$19,810,919
11$35,172,378$12,969,737$1,403,378$20,799,263
12$36,930,997$13,620,426$1,473,547$21,837,024
13$38,777,546$14,303,649$1,547,224$22,926,673
14$40,716,424$15,021,034$1,624,585$24,070,805
15$42,752,245$15,774,288$1,705,815$25,272,142
16$44,889,858$16,565,205$1,791,105$26,533,548
17$47,134,350$17,395,667$1,880,661$27,858,022
18$49,491,068$18,267,652$1,974,694$29,248,722
19$51,965,621$19,183,237$2,073,428$30,708,955
20$54,563,902$20,144,601$2,177,100$32,242,201
21$57,292,097$21,154,033$2,285,955$33,852,109
22$60,156,702$22,213,937$2,400,252$35,542,512
23$63,164,537$23,326,836$2,520,265$37,317,436
24$66,322,763$24,495,380$2,646,278$39,181,105
25$69,638,901$25,722,351$2,778,592$41,137,958
26$73,120,848$27,010,671$2,917,522$43,192,655
27$76,776,890$28,363,406$3,063,398$45,350,085
28$80,615,733$29,783,778$3,216,568$47,615,387
29$84,646,520$31,275,170$3,377,396$49,993,954
30$88,878,847$32,841,131$3,546,266$52,491,450
Total$1,434,600,003$529,480,720$57,240,539$847,878,741

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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.