USA MegaUSA Mega

North Carolina Powerball Jackpot Annuity Payout Schedule for Nov 2, 2026

Media: You may freely use any information on this page, but you must credit usamega.com.

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 $803,900,000 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:Mon, Nov 2, 2026
Jackpot:$803,900,000
Federal Tax:37% marginal rate
State Tax: 3.99%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$12,099,849$4,432,901$482,784$7,184,163
2$12,704,841$4,656,749$506,923$7,541,170
3$13,340,083$4,891,788$532,269$7,916,026
4$14,007,088$5,138,580$558,883$8,309,625
5$14,707,441$5,397,711$586,827$8,722,904
6$15,442,814$5,669,798$616,168$9,156,847
7$16,214,955$5,955,491$646,977$9,612,488
8$17,025,702$6,255,467$679,326$10,090,910
9$17,876,988$6,570,443$713,292$10,593,253
10$18,770,837$6,901,167$748,956$11,120,713
11$19,709,379$7,248,427$786,404$11,674,547
12$20,694,848$7,613,051$825,724$12,256,072
13$21,729,590$7,995,905$867,011$12,866,674
14$22,816,070$8,397,903$910,361$13,507,805
15$23,956,873$8,820,000$955,879$14,180,993
16$25,154,717$9,263,202$1,003,673$14,887,841
17$26,412,452$9,728,565$1,053,857$15,630,031
18$27,733,075$10,217,195$1,106,550$16,409,330
19$29,119,728$10,730,257$1,161,877$17,227,594
20$30,575,715$11,268,972$1,219,971$18,086,772
21$32,104,501$11,834,622$1,280,970$18,988,909
22$33,709,726$12,428,556$1,345,018$19,936,152
23$35,395,212$13,052,186$1,412,269$20,930,757
24$37,164,972$13,706,997$1,482,882$21,975,093
25$39,023,221$14,394,549$1,557,027$23,071,645
26$40,974,383$15,116,479$1,634,878$24,223,026
27$43,023,102$15,874,505$1,716,622$25,431,975
28$45,174,256$16,670,432$1,802,453$26,701,371
29$47,432,969$17,506,156$1,892,575$28,034,238
30$49,804,618$18,383,666$1,987,204$29,433,748
Total$803,900,002$296,121,720$32,075,610$475,702,672

◄ Back to Jackpot Analysis

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.