USA Mega

New York Powerball Jackpot Annuity Payout Schedule for Jun 14, 2025

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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 $80,300,000 for a ticket purchased in New York, 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 York

Drawing Date:Sat, Jun 14, 2025
Jackpot:$80,300,000
Federal Tax:37% marginal rate
State Tax: 10.9%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$1,208,630$403,150$131,741$673,739
2$1,269,062$425,510$138,328$705,224
3$1,332,515$448,988$145,244$738,283
4$1,399,141$473,639$152,506$772,995
5$1,469,098$499,523$160,132$809,443
6$1,542,552$526,702$168,138$847,713
7$1,619,680$555,239$176,545$887,896
8$1,700,664$585,203$185,372$930,089
9$1,785,697$616,665$194,641$974,391
10$1,874,982$649,701$204,373$1,020,908
11$1,968,731$684,388$214,592$1,069,752
12$2,067,168$720,809$225,321$1,121,037
13$2,170,526$759,052$236,587$1,174,887
14$2,279,053$799,207$248,417$1,231,429
15$2,393,005$841,369$260,838$1,290,798
16$2,512,655$885,640$273,879$1,353,136
17$2,638,288$932,124$287,573$1,418,591
18$2,770,203$980,932$301,952$1,487,318
19$2,908,713$1,032,181$317,050$1,559,482
20$3,054,148$1,085,992$332,902$1,635,254
21$3,206,856$1,142,494$349,547$1,714,815
22$3,367,199$1,201,821$367,025$1,798,353
23$3,535,559$1,264,114$385,376$1,886,069
24$3,712,336$1,329,522$404,645$1,978,170
25$3,897,953$1,398,200$424,877$2,074,876
26$4,092,851$1,470,312$446,121$2,176,418
27$4,297,494$1,546,030$468,427$2,283,037
28$4,512,368$1,625,533$491,848$2,394,987
29$4,737,987$1,709,012$516,441$2,512,534
30$4,974,886$1,796,665$542,263$2,635,958
Total$80,300,000$28,389,717$8,752,701$43,157,582

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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.