diff --git a/src/components/Create/Create.tsx b/src/components/Create/Create.tsx
index 1741f23c2c..f85fb52846 100644
--- a/src/components/Create/Create.tsx
+++ b/src/components/Create/Create.tsx
@@ -7,10 +7,12 @@ import {
   CYCLE_EXPLANATION,
   RECONFIG_RULES_EXPLANATION,
 } from 'components/strings'
+import { FEATURE_FLAGS } from 'constants/featureFlags'
 import { readNetwork } from 'constants/networks'
 import { NetworkName } from 'models/networkName'
 import Link from 'next/link'
 import { useRouter } from 'next/router'
+import { featureFlagEnabled } from 'utils/featureFlags'
 import {
   FundingCyclesPage,
   NftRewardsPage,
@@ -21,6 +23,7 @@ import {
 } from './components'
 import { CreateBadge } from './components/CreateBadge'
 import { PayoutsPage } from './components/pages/PayoutsPage'
+import { NewPayoutsPage } from './components/pages/PayoutsPage/NewPayoutsPage'
 import { DeploySuccess } from './components/pages/ReviewDeploy/components/DeploySuccess'
 import { PayoutsMigrationModal } from './components/PayoutsMigrationModal'
 import { Wizard } from './components/Wizard'
@@ -40,6 +43,10 @@ export function Create() {
 
   if (initialStateLoading) return <Loading />
 
+  const newPayoutsTableEnabled = featureFlagEnabled(
+    FEATURE_FLAGS.PAYOUTS_TABLE_CREATE_FLOW,
+  )
+
   return (
     <div className="mt-12 md:mt-10">
       <h1 className="mb-0 text-center font-heading text-base font-medium uppercase text-black dark:text-slate-100">
@@ -88,14 +95,14 @@ export function Create() {
             title={t`Payouts`}
             description={
               <Trans>
-                Pay out ETH from your project to the Ethereum wallets or
-                Juicebox projects of your choice. ETH which <em>isn't</em> paid
-                out will be available for token redemptions, or for use in
-                future cycles. Payouts reset each cycle.
+                Pay out ETH from your project to any Ethereum wallet or Juicebox
+                project. ETH which <em>isn't</em> paid out will be available for
+                token redemptions, or for use in future cycles. Payouts reset
+                each cycle.
               </Trans>
             }
           >
-            <PayoutsPage />
+            {newPayoutsTableEnabled ? <NewPayoutsPage /> : <PayoutsPage />}
           </Wizard.Page>
           <Wizard.Page
             name="projectToken"
diff --git a/src/components/Create/components/pages/PayoutsPage/NewPayoutsPage.tsx b/src/components/Create/components/pages/PayoutsPage/NewPayoutsPage.tsx
new file mode 100644
index 0000000000..9c784206da
--- /dev/null
+++ b/src/components/Create/components/pages/PayoutsPage/NewPayoutsPage.tsx
@@ -0,0 +1,82 @@
+import { Form } from 'antd'
+import PayoutsTable from 'components/v2v3/V2V3Project/V2V3ProjectSettings/pages/NewEditCyclePage/PayoutsSection/PayoutsTable'
+import { CURRENCY_METADATA, CurrencyName } from 'constants/currency'
+import { BigNumber } from 'ethers'
+import { Split } from 'models/splits'
+import { useContext } from 'react'
+import { useSetCreateFurthestPageReached } from 'redux/hooks/useEditingCreateFurthestPageReached'
+import { useEditingDistributionLimit } from 'redux/hooks/useEditingDistributionLimit'
+import { fromWad, parseWad } from 'utils/format/formatNumber'
+import { allocationToSplit, splitToAllocation } from 'utils/splitToAllocation'
+import { V2V3CurrencyName, getV2V3CurrencyOption } from 'utils/v2v3/currency'
+import { MAX_DISTRIBUTION_LIMIT } from 'utils/v2v3/math'
+import { Wizard } from '../../Wizard'
+import { PageContext } from '../../Wizard/contexts/PageContext'
+import { usePayoutsForm } from './hooks'
+
+const DEFAULT_DISTRIBUTION_LIMIT = BigNumber.from(0)
+const DEFAULT_CURRENCY_NAME = CURRENCY_METADATA.ETH.name
+
+export const NewPayoutsPage = () => {
+  useSetCreateFurthestPageReached('payouts')
+  const { goToNextPage } = useContext(PageContext)
+
+  const [editingDistributionLimit, setDistributionLimit] =
+    useEditingDistributionLimit()
+
+  const { form, initialValues } = usePayoutsForm()
+
+  const distributionLimit = !editingDistributionLimit
+    ? 0
+    : editingDistributionLimit.amount.eq(MAX_DISTRIBUTION_LIMIT)
+    ? undefined
+    : parseFloat(fromWad(editingDistributionLimit?.amount))
+
+  const splits: Split[] =
+    form.getFieldValue('payoutsList')?.map(allocationToSplit) ?? []
+
+  const setDistributionLimitAmount = (amount: number | undefined) => {
+    setDistributionLimit({
+      amount: amount ? parseWad(amount) : MAX_DISTRIBUTION_LIMIT,
+      currency:
+        editingDistributionLimit?.currency ??
+        getV2V3CurrencyOption(DEFAULT_CURRENCY_NAME),
+    })
+  }
+
+  const setDistributionLimitCurrency = (currency: CurrencyName) => {
+    setDistributionLimit({
+      amount: editingDistributionLimit?.amount ?? DEFAULT_DISTRIBUTION_LIMIT,
+      currency: getV2V3CurrencyOption(currency),
+    })
+  }
+
+  const setSplits = (splits: Split[]) => {
+    form.setFieldsValue({ payoutsList: splits.map(splitToAllocation) })
+  }
+
+  return (
+    <Form
+      form={form}
+      initialValues={initialValues}
+      onFinish={() => {
+        goToNextPage?.()
+      }}
+    >
+      <PayoutsTable
+        payoutSplits={splits}
+        setPayoutSplits={setSplits}
+        currency={
+          V2V3CurrencyName(editingDistributionLimit?.currency) ??
+          DEFAULT_CURRENCY_NAME
+        }
+        setCurrency={setDistributionLimitCurrency}
+        distributionLimit={distributionLimit}
+        setDistributionLimit={setDistributionLimitAmount}
+      />
+      {/* Empty form item just to keep AntD useWatch happy */}
+      <Form.Item shouldUpdate name="payoutsList" className="mb-0" />
+      <Wizard.Page.ButtonControl />
+    </Form>
+  )
+}
diff --git a/src/components/v2v3/V2V3Project/V2V3ProjectSettings/pages/NewEditCyclePage/PayoutsSection/PayoutsTable/PayoutSplitRow.tsx b/src/components/v2v3/V2V3Project/V2V3ProjectSettings/pages/NewEditCyclePage/PayoutsSection/PayoutsTable/PayoutSplitRow.tsx
index ceb679c4d9..3580642b87 100644
--- a/src/components/v2v3/V2V3Project/V2V3ProjectSettings/pages/NewEditCyclePage/PayoutsSection/PayoutsTable/PayoutSplitRow.tsx
+++ b/src/components/v2v3/V2V3Project/V2V3ProjectSettings/pages/NewEditCyclePage/PayoutsSection/PayoutsTable/PayoutSplitRow.tsx
@@ -6,7 +6,6 @@ import {
 import round from 'lodash/round'
 import { Split } from 'models/splits'
 import { useState } from 'react'
-import { useEditCycleFormContext } from '../../EditCycleFormContext'
 import { usePayoutsTable } from '../hooks/usePayoutsTable'
 import { PayoutSplitRowMenu } from './PayoutSplitRowMenu'
 import { PayoutTitle } from './PayoutTitle'
@@ -28,8 +27,6 @@ export function PayoutSplitRow({
     setAmountPercentFieldHasEndingDecimal,
   ] = useState<boolean>(false)
 
-  const { editCycleForm } = useEditCycleFormContext()
-
   const {
     currencyOrPercentSymbol,
     derivePayoutAmount,
@@ -46,8 +43,6 @@ export function PayoutSplitRow({
     ? formattedPayoutPercent({ payoutSplitPercent: payoutSplit.percent })
     : round(amount, roundingPrecision).toString()
 
-  if (!editCycleForm) return null
-
   const onAmountPercentageInputChange = (val: string | undefined) => {
     setAmountPercentFieldHasEndingDecimal(Boolean(val?.endsWith('.')))
 
diff --git a/src/components/v2v3/V2V3Project/V2V3ProjectSettings/pages/NewEditCyclePage/PayoutsSection/PayoutsTable/PayoutsTableBody.tsx b/src/components/v2v3/V2V3Project/V2V3ProjectSettings/pages/NewEditCyclePage/PayoutsSection/PayoutsTable/PayoutsTableBody.tsx
index edbe1f5134..4f779a67cd 100644
--- a/src/components/v2v3/V2V3Project/V2V3ProjectSettings/pages/NewEditCyclePage/PayoutsSection/PayoutsTable/PayoutsTableBody.tsx
+++ b/src/components/v2v3/V2V3Project/V2V3ProjectSettings/pages/NewEditCyclePage/PayoutsSection/PayoutsTable/PayoutsTableBody.tsx
@@ -2,7 +2,6 @@ import { Trans } from '@lingui/macro'
 import { Form } from 'antd'
 import { Allocation } from 'components/v2v3/shared/Allocation'
 import { getV2V3CurrencyOption } from 'utils/v2v3/currency'
-import { useEditCycleFormContext } from '../../EditCycleFormContext'
 import { usePayoutsTable } from '../hooks/usePayoutsTable'
 import { HeaderRows } from './HeaderRows'
 import { PayoutSplitRow } from './PayoutSplitRow'
@@ -14,8 +13,6 @@ const Row = PayoutsTableRow
 const Cell = PayoutsTableCell
 
 export function PayoutsTableBody() {
-  const { editCycleForm, initialFormData } = useEditCycleFormContext()
-
   const {
     payoutSplits,
     currency,
@@ -24,8 +21,6 @@ export function PayoutsTableBody() {
     distributionLimit,
   } = usePayoutsTable()
 
-  if (!editCycleForm || !initialFormData) return null
-
   const emptyState = distributionLimit === 0
 
   return (
diff --git a/src/components/v2v3/V2V3Project/V2V3ProjectSettings/pages/NewEditCyclePage/PayoutsSection/PayoutsTable/modals/SwitchToLimitedModal.tsx b/src/components/v2v3/V2V3Project/V2V3ProjectSettings/pages/NewEditCyclePage/PayoutsSection/PayoutsTable/modals/SwitchToLimitedModal.tsx
index 89c75c956f..bddc2058ed 100644
--- a/src/components/v2v3/V2V3Project/V2V3ProjectSettings/pages/NewEditCyclePage/PayoutsSection/PayoutsTable/modals/SwitchToLimitedModal.tsx
+++ b/src/components/v2v3/V2V3Project/V2V3ProjectSettings/pages/NewEditCyclePage/PayoutsSection/PayoutsTable/modals/SwitchToLimitedModal.tsx
@@ -6,7 +6,6 @@ import FormattedNumberInput from 'components/inputs/FormattedNumberInput'
 import { useState } from 'react'
 import { helpPagePath } from 'utils/routes'
 import { V2V3_CURRENCY_ETH, V2V3_CURRENCY_USD } from 'utils/v2v3/currency'
-import { useEditCycleFormContext } from '../../../EditCycleFormContext'
 import { usePayoutsTable } from '../../hooks/usePayoutsTable'
 
 export function SwitchToLimitedModal({
@@ -18,13 +17,10 @@ export function SwitchToLimitedModal({
 }) {
   const [limit, setLimit] = useState<string>('')
 
-  const { editCycleForm } = useEditCycleFormContext()
-  const { setCurrency, currency } = usePayoutsTable()
+  const { setCurrency, currency, setDistributionLimit } = usePayoutsTable()
 
   const onOk = () => {
-    editCycleForm?.setFieldsValue({
-      distributionLimit: parseFloat(limit),
-    })
+    setDistributionLimit(parseFloat(limit))
     onClose()
   }
 
diff --git a/src/components/v2v3/V2V3Project/V2V3ProjectSettings/pages/NewEditCyclePage/PayoutsSection/PayoutsTable/modals/SwitchToUnlimitedModal.tsx b/src/components/v2v3/V2V3Project/V2V3ProjectSettings/pages/NewEditCyclePage/PayoutsSection/PayoutsTable/modals/SwitchToUnlimitedModal.tsx
index 72185c1ab0..8bdf1ef1e7 100644
--- a/src/components/v2v3/V2V3Project/V2V3ProjectSettings/pages/NewEditCyclePage/PayoutsSection/PayoutsTable/modals/SwitchToUnlimitedModal.tsx
+++ b/src/components/v2v3/V2V3Project/V2V3ProjectSettings/pages/NewEditCyclePage/PayoutsSection/PayoutsTable/modals/SwitchToUnlimitedModal.tsx
@@ -2,8 +2,6 @@ import { Trans } from '@lingui/macro'
 import { Modal } from 'antd'
 import { ExternalLinkWithIcon } from 'components/ProjectDashboard/components/ui/ExternalLinkWithIcon'
 import { helpPagePath } from 'utils/routes'
-import { ensureSplitsSumTo100Percent } from 'utils/v2v3/distributions'
-import { useEditCycleFormContext } from '../../../EditCycleFormContext'
 import { usePayoutsTable } from '../../hooks/usePayoutsTable'
 
 export function SwitchToUnlimitedModal({
@@ -13,14 +11,11 @@ export function SwitchToUnlimitedModal({
   open: boolean
   onClose: VoidFunction
 }) {
-  const { editCycleForm } = useEditCycleFormContext()
-  const { payoutSplits } = usePayoutsTable()
+  const { setDistributionLimit, setSplits100Percent } = usePayoutsTable()
 
   const onOk = () => {
-    editCycleForm?.setFieldsValue({
-      distributionLimit: undefined,
-      payoutSplits: ensureSplitsSumTo100Percent({ splits: payoutSplits }),
-    })
+    setDistributionLimit(undefined)
+    setSplits100Percent()
     onClose()
   }
 
diff --git a/src/components/v2v3/V2V3Project/V2V3ProjectSettings/pages/NewEditCyclePage/PayoutsSection/hooks/usePayoutsTable.tsx b/src/components/v2v3/V2V3Project/V2V3ProjectSettings/pages/NewEditCyclePage/PayoutsSection/hooks/usePayoutsTable.tsx
index 469d022b15..0386ff7010 100644
--- a/src/components/v2v3/V2V3Project/V2V3ProjectSettings/pages/NewEditCyclePage/PayoutsSection/hooks/usePayoutsTable.tsx
+++ b/src/components/v2v3/V2V3Project/V2V3ProjectSettings/pages/NewEditCyclePage/PayoutsSection/hooks/usePayoutsTable.tsx
@@ -123,6 +123,10 @@ export const usePayoutsTable = () => {
     setFormHasUpdated(true)
   }
 
+  function setSplits100Percent() {
+    setPayoutSplits(ensureSplitsSumTo100Percent({ splits: payoutSplits }))
+  }
+
   function _setPayoutSplits(splits: Split[]) {
     if (distributionLimitIsInfinite) {
       setPayoutSplits(splits)
@@ -402,10 +406,12 @@ export const usePayoutsTable = () => {
   return {
     distributionLimit,
     distributionLimitIsInfinite,
+    setDistributionLimit: _setDistributionLimit,
     currency,
     setCurrency,
     currencyOrPercentSymbol,
     payoutSplits,
+    setSplits100Percent,
     derivePayoutAmount,
     formattedPayoutPercent,
     roundingPrecision,
diff --git a/src/constants/featureFlags.ts b/src/constants/featureFlags.ts
index ec0c71a932..deb2e8dbdc 100644
--- a/src/constants/featureFlags.ts
+++ b/src/constants/featureFlags.ts
@@ -3,10 +3,12 @@ export type FeatureFlag =
   | 'NEW_PROJECT_PAGE'
   | 'NEW_CYCLE_CONFIG_PAGE'
   | 'NEW_EDIT_NFTS'
+  | 'PAYOUTS_TABLE_CREATE_FLOW'
 
 export const FEATURE_FLAGS: { [k in FeatureFlag]: string } = {
   SIMULATE_TXS: 'simulateTxs',
   NEW_PROJECT_PAGE: 'newProjectPage',
   NEW_CYCLE_CONFIG_PAGE: 'newCycleConfigPage',
   NEW_EDIT_NFTS: 'newEditNfts',
+  PAYOUTS_TABLE_CREATE_FLOW: 'payoutsTableCreateFlow',
 }
diff --git a/src/locales/messages.pot b/src/locales/messages.pot
index b89a0dfc0e..158cfa5f24 100644
--- a/src/locales/messages.pot
+++ b/src/locales/messages.pot
@@ -395,9 +395,6 @@ msgstr ""
 msgid "Tokens receiver"
 msgstr ""
 
-msgid "Pay out ETH from your project to the Ethereum wallets or Juicebox projects of your choice. ETH which <0>isn't</0> paid out will be available for token redemptions, or for use in future cycles. Payouts reset each cycle."
-msgstr ""
-
 msgid "Next:"
 msgstr ""
 
@@ -2000,6 +1997,9 @@ msgstr ""
 msgid "{0} reserved"
 msgstr ""
 
+msgid "Pay out ETH from your project to any Ethereum wallet or Juicebox project. ETH which <0>isn't</0> paid out will be available for token redemptions, or for use in future cycles. Payouts reset each cycle."
+msgstr ""
+
 msgid "Built for ideas like yours"
 msgstr ""