USA Mega

New Jersey Powerball Jackpot Annuity Payout Schedule for Mar 28, 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 $167,900,000 for a ticket purchased in New Jersey, 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:

New Jersey

Drawing Date:Sat, Mar 28, 2026
Jackpot:$167,900,000
Federal Tax:37% marginal rate
State Tax: 10.75%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$2,527,136$890,998$271,667$1,364,471
2$2,653,493$937,750$285,250$1,430,493
3$2,786,167$986,839$299,513$1,499,815
4$2,925,476$1,038,383$314,489$1,572,604
5$3,071,749$1,092,505$330,213$1,649,032
6$3,225,337$1,149,332$346,724$1,729,281
7$3,386,604$1,209,001$364,060$1,813,543
8$3,555,934$1,271,653$382,263$1,902,018
9$3,733,731$1,337,438$401,376$1,994,917
10$3,920,417$1,406,512$421,445$2,092,461
11$4,116,438$1,479,039$442,517$2,194,882
12$4,322,260$1,555,193$464,643$2,302,424
13$4,538,373$1,635,155$487,875$2,415,343
14$4,765,292$1,719,115$512,269$2,533,908
15$5,003,556$1,807,273$537,882$2,658,401
16$5,253,734$1,899,839$564,776$2,789,119
17$5,516,421$1,997,033$593,015$2,926,373
18$5,792,242$2,099,087$622,666$3,070,489
19$6,081,854$2,206,243$653,799$3,221,811
20$6,385,947$2,318,758$686,489$3,380,700
21$6,705,244$2,436,898$720,814$3,547,533
22$7,040,506$2,560,945$756,854$3,722,707
23$7,392,532$2,691,194$794,697$3,906,640
24$7,762,158$2,827,956$834,432$4,099,770
25$8,150,266$2,971,556$876,154$4,302,557
26$8,557,779$3,122,336$919,961$4,515,482
27$8,985,668$3,280,655$965,959$4,739,054
28$9,434,952$3,446,889$1,014,257$4,973,805
29$9,906,699$3,621,436$1,064,970$5,220,293
30$10,402,034$3,804,710$1,118,219$5,479,106
Total$167,900,000$60,801,721$18,049,248$89,049,032

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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.