USA Mega

Arizona Powerball Jackpot Annuity Payout Schedule for Oct 20, 2010

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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 $46,100,000 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:Wed, Oct 20, 2010
Jackpot:$46,100,000
Federal Tax:37% marginal rate
State Tax: 2.5%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$821,968$260,085$20,549$541,333
2$854,846$272,250$21,371$561,225
3$889,040$284,902$22,226$581,912
4$924,602$298,060$23,115$603,427
5$961,586$311,744$24,040$625,802
6$1,000,049$325,975$25,001$649,073
7$1,040,051$340,776$26,001$673,274
8$1,081,653$356,169$27,041$698,443
9$1,124,919$372,177$28,123$724,619
10$1,169,916$388,826$29,248$751,842
11$1,216,713$406,141$30,418$780,154
12$1,265,381$424,148$31,635$809,598
13$1,315,997$442,876$32,900$840,221
14$1,368,636$462,353$34,216$872,068
15$1,423,382$482,609$35,585$905,189
16$1,480,317$503,675$37,008$939,635
17$1,539,530$525,583$38,488$975,458
18$1,601,111$548,368$40,028$1,012,715
19$1,665,155$572,065$41,629$1,051,462
20$1,731,762$596,709$43,294$1,091,759
21$1,801,032$622,339$45,026$1,133,667
22$1,873,073$648,994$46,827$1,177,252
23$1,947,996$676,716$48,700$1,222,581
24$2,025,916$705,546$50,648$1,269,722
25$2,106,953$735,530$52,674$1,318,749
26$2,191,231$766,713$54,781$1,369,738
27$2,278,880$799,143$56,972$1,422,765
28$2,370,035$832,870$59,251$1,477,914
29$2,464,837$867,947$61,621$1,535,269
30$2,563,430$904,426$64,086$1,594,918
Total$46,100,000$15,735,715$1,152,502$29,211,784

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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.