USA Mega

Arizona Powerball Jackpot Annuity Payout Schedule for Apr 22, 1992

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The tax information provided here is based on 2025 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 $6,000,000 for a ticket purchased in Arizona, 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:

Arizona

Drawing Date:Wed, Apr 22, 1992
Jackpot:$6,000,000
Federal Tax:37% marginal rate
State Tax: 2.5%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$106,981$18,522$2,675$85,784
2$111,260$19,549$2,781$88,929
3$115,710$20,617$2,893$92,200
4$120,339$21,728$3,008$95,602
5$125,152$22,884$3,129$99,140
6$130,158$24,085$3,254$102,819
7$135,365$25,334$3,384$106,646
8$140,779$26,634$3,519$110,626
9$146,410$27,985$3,660$114,765
10$152,267$29,391$3,807$119,069
11$158,357$30,853$3,959$123,546
12$164,692$32,373$4,117$128,201
13$171,279$33,954$4,282$133,043
14$178,131$35,598$4,453$138,079
15$185,256$37,308$4,631$143,316
16$192,666$39,087$4,817$148,763
17$200,373$41,182$5,009$154,181
18$208,388$43,747$5,210$159,431
19$216,723$46,414$5,418$164,891
20$225,392$49,188$5,635$170,569
21$234,408$52,073$5,860$176,474
22$243,784$55,074$6,095$182,615
23$253,535$58,285$6,338$188,912
24$263,677$61,834$6,592$195,251
25$274,224$65,526$6,856$201,843
26$285,193$69,365$7,130$208,698
27$296,600$73,357$7,415$215,828
28$308,464$77,510$7,712$223,243
29$320,803$81,828$8,020$230,955
30$333,635$86,320$8,341$238,975
Total$6,000,000$1,307,605$150,000$4,542,394

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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.