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New Jersey Powerball Jackpot Annuity Payout Schedule for Jun 17, 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 $282,900,000 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:Wed, Jun 17, 2026
Jackpot:$282,900,000
Federal Tax:37% marginal rate
State Tax: 10.75%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$4,258,051$1,531,436$457,740$2,268,874
2$4,470,954$1,610,210$480,628$2,380,116
3$4,694,501$1,692,923$504,659$2,496,920
4$4,929,226$1,779,771$529,892$2,619,564
5$5,175,687$1,870,962$556,386$2,748,339
6$5,434,472$1,966,712$584,206$2,883,554
7$5,706,196$2,067,250$613,416$3,025,530
8$5,991,505$2,172,814$644,087$3,174,604
9$6,291,081$2,283,657$676,291$3,331,132
10$6,605,635$2,400,042$710,106$3,495,487
11$6,935,916$2,522,246$745,611$3,668,059
12$7,282,712$2,650,561$782,892$3,849,260
13$7,646,848$2,785,291$822,036$4,039,521
14$8,029,190$2,926,758$863,138$4,239,295
15$8,430,650$3,075,298$906,295$4,449,057
16$8,852,182$3,231,265$951,610$4,669,308
17$9,294,791$3,395,030$999,190$4,900,571
18$9,759,531$3,566,984$1,049,150$5,143,398
19$10,247,507$3,747,535$1,101,607$5,398,365
20$10,759,883$3,937,114$1,156,687$5,666,082
21$11,297,877$4,136,172$1,214,522$5,947,183
22$11,862,771$4,345,182$1,275,248$6,242,340
23$12,455,909$4,564,644$1,339,010$6,552,255
24$13,078,705$4,795,078$1,405,961$6,877,666
25$13,732,640$5,037,034$1,476,259$7,219,347
26$14,419,272$5,291,088$1,550,072$7,578,112
27$15,140,236$5,557,844$1,627,575$7,954,816
28$15,897,247$5,837,939$1,708,954$8,350,354
29$16,692,110$6,132,038$1,794,402$8,765,670
30$17,526,715$6,440,842$1,884,122$9,201,751
Total$282,900,001$103,351,720$30,411,752$149,136,530

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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.