USA Mega

New York Powerball Jackpot Annuity Payout Schedule for Jun 3, 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 $194,200,000 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, Jun 3, 2026
Jackpot:$194,200,000
Federal Tax:37% marginal rate
State Tax: 10.9%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$2,922,989$1,037,463$318,606$1,566,920
2$3,069,138$1,091,538$334,536$1,643,064
3$3,222,595$1,148,317$351,263$1,723,015
4$3,383,725$1,207,935$368,826$1,806,963
5$3,552,911$1,270,534$387,267$1,895,109
6$3,730,557$1,336,263$406,631$1,987,663
7$3,917,084$1,405,279$426,962$2,084,844
8$4,112,939$1,477,745$448,310$2,186,884
9$4,318,586$1,553,834$470,726$2,294,026
10$4,534,515$1,633,728$494,262$2,406,525
11$4,761,241$1,717,616$518,975$2,524,649
12$4,999,303$1,805,699$544,924$2,648,679
13$5,249,268$1,898,186$572,170$2,778,911
14$5,511,731$1,995,298$600,779$2,915,655
15$5,787,318$2,097,265$630,818$3,059,235
16$6,076,684$2,204,330$662,359$3,209,995
17$6,380,518$2,316,749$695,476$3,368,292
18$6,699,544$2,434,788$730,250$3,534,505
19$7,034,521$2,558,730$766,763$3,709,028
20$7,386,247$2,688,869$805,101$3,892,277
21$7,755,559$2,825,514$845,356$4,084,689
22$8,143,337$2,968,992$887,624$4,286,721
23$8,550,504$3,119,644$932,005$4,498,855
24$8,978,029$3,277,828$978,605$4,721,596
25$9,426,931$3,443,922$1,027,535$4,955,474
26$9,898,277$3,618,320$1,078,912$5,201,045
27$10,393,191$3,801,438$1,132,858$5,458,895
28$10,912,851$3,993,712$1,189,501$5,729,638
29$11,458,493$4,195,600$1,248,976$6,013,918
30$12,031,418$4,407,582$1,311,425$6,312,411
Total$194,200,000$70,532,718$21,167,801$102,499,481

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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.