USA Mega

North Carolina Powerball Jackpot Annuity Payout Schedule for Jun 8, 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 $225,400,000 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:Mon, Jun 8, 2026
Jackpot:$225,400,000
Federal Tax:37% marginal rate
State Tax: 3.99%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$3,392,593$1,211,217$135,364$2,046,012
2$3,562,223$1,273,980$142,133$2,146,111
3$3,740,334$1,339,881$149,239$2,251,214
4$3,927,351$1,409,077$156,701$2,361,573
5$4,123,718$1,481,733$164,536$2,477,449
6$4,329,904$1,558,022$172,763$2,599,119
7$4,546,400$1,638,125$181,401$2,726,873
8$4,773,720$1,722,234$190,471$2,861,015
9$5,012,406$1,810,547$199,995$3,001,863
10$5,263,026$1,903,277$209,995$3,149,754
11$5,526,177$2,000,643$220,494$3,305,040
12$5,802,486$2,102,877$231,519$3,468,090
13$6,092,610$2,210,223$243,095$3,639,292
14$6,397,241$2,322,936$255,250$3,819,055
15$6,717,103$2,441,285$268,012$4,007,805
16$7,052,958$2,565,552$281,413$4,205,993
17$7,405,606$2,696,031$295,484$4,414,091
18$7,775,886$2,833,035$310,258$4,632,593
19$8,164,681$2,976,889$325,771$4,862,021
20$8,572,915$3,127,936$342,059$5,102,920
21$9,001,560$3,286,535$359,162$5,355,864
22$9,451,638$3,453,063$377,120$5,621,455
23$9,924,220$3,627,919$395,976$5,900,325
24$10,420,431$3,811,517$415,775$6,193,139
25$10,941,453$4,004,295$436,564$6,500,594
26$11,488,526$4,206,712$458,392$6,823,422
27$12,062,952$4,419,249$481,312$7,162,391
28$12,666,099$4,642,414$505,377$7,518,308
29$13,299,404$4,876,737$530,646$7,892,021
30$13,964,375$5,122,776$557,179$8,284,420
Total$225,400,000$82,076,717$8,993,456$134,329,822

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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.