New Mexico Powerball
Latest Powerball results and how much you keep after New Mexico taxes.
Latest Powerball Drawing
Wednesday, April 8Drawings every Mon, Wed & Sat at 10:59 PM ET · Power Play optional +$1
New Mexico Powerball — Take-Home After Taxes
Based on $200M jackpot · Estimated
Cash Lump Sum
Annuity (30 Payments)
New Mexico Lottery Information
State tax on winnings
5.90%
Draw days
Mon, Wed, Sat at 10:59 PM ET
Ticket price
$2 per play (+$1 Power Play)
Jackpot odds
1 in 292,201,338
National Powerball
Latest results & jackpot
New Mexico Scratch-Offs
Ranked by odds & prizes
New Mexico Mega Millions
Tax breakdown & results
Frequently Asked Questions
How much is the Powerball jackpot in New Mexico?
Powerball jackpots start at $20 million and grow until someone wins. Check back after each drawing for the current jackpot amount in New Mexico.
How much do you keep from Powerball in New Mexico?
For the lump sum on a $200M jackpot in New Mexico, you'd receive $120M cash, pay approximately $44M in federal taxes and $7M in New Mexico state taxes (5.90%), keeping about $69M.
Where do I buy Powerball tickets in New Mexico?
Powerball tickets are sold at most convenience stores, gas stations, grocery stores, and other licensed lottery retailers throughout New Mexico. Tickets cost $2 per play, with an optional $1 Power Play add-on.
How do I claim a Powerball prize in New Mexico?
Prizes under $600 can typically be claimed at any New Mexico lottery retailer. Prizes $600 and above must be claimed at a New Mexico Lottery district office or headquarters. Jackpot winners must contact the New Mexico Lottery directly. Keep your ticket safe — it is the only proof of your win.
Does New Mexico tax Powerball winnings?
Yes. New Mexico taxes lottery winnings at 5.90% state income tax, in addition to federal taxes. Use our New Mexico lottery tax calculator to see your exact take-home.
Powerball in New Mexico
New Mexico residents can purchase Powerball tickets at licensed lottery retailers statewide. Powerball is a multi-state lottery operated by the Multi-State Lottery Association (MUSL), with drawings every Monday, Wednesday, and Saturday at 10:59 PM Eastern Time.
If you win the Powerball jackpot in New Mexico, you have 60 days from the drawing date to choose between the lump-sum cash option and the annuity. The lump sum pays approximately 60% of the advertised jackpot immediately, while the annuity pays the full amount over 30 years in graduated payments.
New Mexico taxes lottery winnings at 5.90%, which is applied on top of the 37% federal tax rate for top earners. For a large jackpot, the combined effective rate can exceed 50% for lump-sum winners. Use the New Mexico lottery tax calculator for a precise breakdown based on your specific prize amount.