USA Mega

Arizona Powerball Jackpot Annuity Payout Schedule for Mar 26, 2005

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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 $19,100,000 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:Sat, Mar 26, 2005
Jackpot:$19,100,000
Federal Tax:37% marginal rate
State Tax: 2.5%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$340,555$87,963$8,514$244,078
2$354,177$92,731$8,854$252,591
3$368,344$97,690$9,209$261,446
4$383,078$102,847$9,577$270,654
5$398,401$108,210$9,960$280,231
6$414,337$113,787$10,358$290,191
7$430,911$119,588$10,773$300,550
8$448,147$125,621$11,204$311,323
9$466,073$131,895$11,652$322,526
10$484,716$138,420$12,118$334,178
11$504,104$145,206$12,603$346,296
12$524,269$152,263$13,107$358,899
13$545,239$159,603$13,631$372,005
14$567,049$167,236$14,176$385,636
15$589,731$175,175$14,743$399,813
16$613,320$183,431$15,333$414,556
17$637,853$192,018$15,946$429,889
18$663,367$201,403$16,584$445,380
19$689,902$211,221$17,248$461,433
20$717,498$221,431$17,937$478,129
21$746,198$232,050$18,655$495,492
22$776,046$243,094$19,401$513,550
23$807,087$254,580$20,177$532,331
24$839,371$266,524$20,984$551,862
25$872,946$278,947$21,824$572,175
26$907,864$291,867$22,697$593,300
27$944,178$305,303$23,604$615,271
28$981,945$319,277$24,549$638,120
29$1,021,223$333,810$25,531$661,883
30$1,062,072$348,924$26,552$686,596
Total$19,100,000$5,802,115$477,501$12,820,384

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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.