USA Mega

Arizona Powerball Jackpot Annuity Payout Schedule for Nov 27, 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 $79,400,000 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, Nov 27, 2010
Jackpot:$79,400,000
Federal Tax:37% marginal rate
State Tax: 2.5%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$1,415,710$479,770$35,393$900,547
2$1,472,338$500,722$36,808$934,807
3$1,531,232$522,513$38,281$970,438
4$1,592,481$545,175$39,812$1,007,494
5$1,656,180$568,744$41,405$1,046,032
6$1,722,428$593,255$43,061$1,086,111
7$1,791,325$618,747$44,783$1,127,794
8$1,862,978$645,259$46,574$1,171,144
9$1,937,497$672,831$48,437$1,216,228
10$2,014,997$701,506$50,375$1,263,116
11$2,095,596$731,328$52,390$1,311,879
12$2,179,420$762,343$54,486$1,362,592
13$2,266,597$794,598$56,665$1,415,334
14$2,357,261$828,144$58,932$1,470,186
15$2,451,551$863,031$61,289$1,527,231
16$2,549,613$899,314$63,740$1,586,559
17$2,651,598$937,049$66,290$1,648,260
18$2,757,662$976,292$68,942$1,712,428
19$2,867,968$1,017,106$71,699$1,779,164
20$2,982,687$1,059,552$74,567$1,848,568
21$3,101,995$1,103,695$77,550$1,920,750
22$3,226,074$1,149,605$80,652$1,995,818
23$3,355,117$1,197,351$83,878$2,073,889
24$3,489,322$1,247,006$87,233$2,155,083
25$3,628,895$1,298,648$90,722$2,239,524
26$3,774,051$1,352,356$94,351$2,327,343
27$3,925,013$1,408,212$98,125$2,418,676
28$4,082,013$1,466,302$102,050$2,513,661
29$4,245,294$1,526,716$106,132$2,612,446
30$4,415,106$1,589,546$110,378$2,715,182
Total$79,400,000$28,056,716$1,985,000$49,358,284

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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.