USA Mega

Arizona Powerball Jackpot Annuity Payout Schedule for Nov 15, 2000

Media: You may freely use any information on this page, but you must credit usamega.com.

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 $68,200,000 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, Nov 15, 2000
Jackpot:$68,200,000
Federal Tax:37% marginal rate
State Tax: 2.5%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$1,216,013$405,882$30,400$779,730
2$1,264,653$423,879$31,616$809,158
3$1,315,239$442,596$32,881$839,763
4$1,367,849$462,061$34,196$871,591
5$1,422,563$482,306$35,564$904,693
6$1,479,465$503,359$36,987$939,119
7$1,538,644$525,256$38,466$974,922
8$1,600,190$548,027$40,005$1,012,158
9$1,664,197$571,710$41,605$1,050,882
10$1,730,765$596,340$43,269$1,091,156
11$1,799,996$621,956$45,000$1,133,040
12$1,871,996$648,596$46,800$1,176,600
13$1,946,876$676,301$48,672$1,221,902
14$2,024,751$705,115$50,619$1,269,017
15$2,105,741$735,081$52,644$1,318,016
16$2,189,970$766,246$54,749$1,368,975
17$2,277,569$798,658$56,939$1,421,972
18$2,368,672$832,366$59,217$1,477,089
19$2,463,419$867,422$61,585$1,534,411
20$2,561,955$903,881$64,049$1,594,026
21$2,664,434$941,798$66,611$1,656,025
22$2,771,011$981,231$69,275$1,720,504
23$2,881,851$1,022,242$72,046$1,787,563
24$2,997,126$1,064,894$74,928$1,857,304
25$3,117,011$1,109,251$77,925$1,929,834
26$3,241,691$1,155,383$81,042$2,005,266
27$3,371,359$1,203,360$84,284$2,083,715
28$3,506,213$1,253,256$87,655$2,165,302
29$3,646,462$1,305,148$91,162$2,250,152
30$3,792,320$1,359,116$94,808$2,338,396
Total$68,200,000$23,912,717$1,704,999$42,582,281

◄ Back to Jackpot Analysis

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.