USA Mega

New York Powerball Jackpot Annuity Payout Schedule for May 13, 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 $69,900,000 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:Wed, May 13, 2026
Jackpot:$69,900,000
Federal Tax:37% marginal rate
State Tax: 10.9%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$1,052,095$345,233$114,678$592,184
2$1,104,700$364,696$120,412$619,591
3$1,159,935$385,133$126,433$648,369
4$1,217,932$406,592$132,755$678,585
5$1,278,828$429,124$139,392$710,312
6$1,342,770$452,782$146,362$743,626
7$1,409,908$477,623$153,680$778,605
8$1,480,404$503,707$161,364$815,333
9$1,554,424$531,094$169,432$853,898
10$1,632,145$559,851$177,904$894,390
11$1,713,752$590,046$186,799$936,908
12$1,799,440$621,750$196,139$981,551
13$1,889,412$655,040$205,946$1,028,426
14$1,983,883$689,994$216,243$1,077,646
15$2,083,077$726,696$227,055$1,129,326
16$2,187,231$765,233$238,408$1,183,590
17$2,296,592$805,696$250,329$1,240,567
18$2,411,422$848,183$262,845$1,300,393
19$2,531,993$892,795$275,987$1,363,211
20$2,658,592$939,636$289,787$1,429,169
21$2,791,522$988,820$304,276$1,498,426
22$2,931,098$1,040,464$319,490$1,571,145
23$3,077,653$1,094,689$335,464$1,647,500
24$3,231,536$1,151,625$352,237$1,727,673
25$3,393,113$1,211,409$369,849$1,811,854
26$3,562,768$1,274,181$388,342$1,900,245
27$3,740,907$1,340,093$407,759$1,993,055
28$3,927,952$1,409,299$428,147$2,090,506
29$4,124,349$1,481,967$449,554$2,192,829
30$4,330,567$1,558,267$472,032$2,300,268
Total$69,900,000$24,541,718$7,619,100$37,739,181

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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.