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North Carolina Powerball Jackpot Annuity Payout Schedule for Apr 1, 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 $194,900,000 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:Wed, Apr 1, 2026
Jackpot:$194,900,000
Federal Tax:37% marginal rate
State Tax: 3.99%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$2,933,525$1,041,361$117,048$1,775,116
2$3,080,201$1,095,632$122,900$1,861,669
3$3,234,211$1,152,615$129,045$1,952,551
4$3,395,922$1,212,448$135,497$2,047,976
5$3,565,718$1,275,273$142,272$2,148,173
6$3,744,003$1,341,239$149,386$2,253,379
7$3,931,204$1,410,503$156,855$2,363,846
8$4,127,764$1,483,230$164,698$2,479,836
9$4,334,152$1,559,594$172,933$2,601,626
10$4,550,860$1,639,775$181,579$2,729,505
11$4,778,403$1,723,966$190,658$2,863,778
12$5,017,323$1,812,367$200,191$3,004,765
13$5,268,189$1,905,187$210,201$3,152,801
14$5,531,598$2,002,649$220,711$3,308,239
15$5,808,178$2,104,983$231,746$3,471,449
16$6,098,587$2,212,435$243,334$3,642,819
17$6,403,516$2,325,258$255,500$3,822,758
18$6,723,692$2,443,723$268,275$4,011,694
19$7,059,877$2,568,112$281,689$4,210,076
20$7,412,871$2,698,719$295,774$4,418,378
21$7,783,514$2,835,858$310,562$4,637,095
22$8,172,690$2,979,853$326,090$4,866,747
23$8,581,325$3,131,047$342,395$5,107,882
24$9,010,391$3,289,802$359,515$5,361,074
25$9,460,910$3,456,494$377,490$5,626,926
26$9,933,956$3,631,521$396,365$5,906,070
27$10,430,654$3,815,299$416,183$6,199,172
28$10,952,186$4,008,266$436,992$6,506,928
29$11,499,796$4,210,882$458,842$6,830,072
30$12,074,785$4,423,628$481,784$7,169,374
Total$194,900,000$70,791,719$7,776,510$116,331,774

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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.