USA Mega

North Carolina Powerball Jackpot Annuity Payout Schedule for Sep 10, 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 $35,400,000 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, Sep 10, 2025
Jackpot:$35,400,000
Federal Tax:37% marginal rate
State Tax: 3.99%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$532,821$155,257$21,260$356,305
2$559,462$164,581$22,323$372,558
3$587,435$174,371$23,439$389,625
4$616,807$184,652$24,611$407,545
5$647,647$195,587$25,841$426,219
6$680,029$207,568$27,133$445,328
7$714,031$220,149$28,490$465,392
8$749,732$233,358$29,914$486,460
9$787,219$247,228$31,410$508,581
10$826,580$261,792$32,981$531,808
11$867,909$277,084$34,630$556,196
12$911,304$293,140$36,361$581,803
13$956,870$309,999$38,179$608,692
14$1,004,713$327,701$40,088$636,924
15$1,054,949$346,288$42,092$666,568
16$1,107,696$365,805$44,197$697,694
17$1,163,081$386,297$46,407$730,377
18$1,221,235$407,814$48,727$764,694
19$1,282,297$430,407$51,164$800,726
20$1,346,412$454,130$53,722$838,560
21$1,413,732$479,038$56,408$878,286
22$1,484,419$505,192$59,228$919,998
23$1,558,640$532,654$62,190$963,796
24$1,636,572$561,489$65,299$1,009,784
25$1,718,400$591,765$68,564$1,058,071
26$1,804,320$623,556$71,992$1,108,772
27$1,894,536$656,936$75,592$1,162,009
28$1,989,263$691,985$79,372$1,217,907
29$2,088,726$728,786$83,340$1,276,600
30$2,193,163$767,427$87,507$1,338,228
Total$35,400,000$11,782,036$1,412,461$22,205,506

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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.