USA Mega

Arizona Powerball Jackpot Annuity Payout Schedule for Mar 13, 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 $211,700,000 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 13, 2010
Jackpot:$211,700,000
Federal Tax:37% marginal rate
State Tax: 2.5%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$3,774,632$1,352,571$94,366$2,327,695
2$3,925,617$1,408,436$98,140$2,419,041
3$4,082,642$1,466,535$102,066$2,514,041
4$4,245,948$1,526,958$106,149$2,612,841
5$4,415,786$1,589,798$110,395$2,715,593
6$4,592,417$1,655,152$114,810$2,822,455
7$4,776,114$1,723,119$119,403$2,933,592
8$4,967,158$1,793,806$124,179$3,049,173
9$5,165,845$1,867,320$129,146$3,169,379
10$5,372,478$1,943,774$134,312$3,294,392
11$5,587,377$2,023,287$139,684$3,424,406
12$5,810,873$2,105,980$145,272$3,559,621
13$6,043,307$2,191,981$151,083$3,700,244
14$6,285,040$2,281,422$157,126$3,846,492
15$6,536,441$2,374,441$163,411$3,998,590
16$6,797,899$2,471,180$169,947$4,156,772
17$7,069,815$2,571,789$176,745$4,321,281
18$7,352,608$2,676,422$183,815$4,492,370
19$7,646,712$2,785,241$191,168$4,670,303
20$7,952,580$2,898,412$198,815$4,855,354
21$8,270,684$3,016,110$206,767$5,047,806
22$8,601,511$3,138,516$215,038$5,247,957
23$8,945,571$3,265,819$223,639$5,456,113
24$9,303,394$3,398,213$232,585$5,672,596
25$9,675,530$3,535,903$241,888$5,897,738
26$10,062,551$3,679,101$251,564$6,131,886
27$10,465,053$3,828,027$261,626$6,375,400
28$10,883,655$3,982,910$272,091$6,628,654
29$11,319,001$4,143,988$282,975$6,892,039
30$11,771,762$4,311,509$294,294$7,165,958
Total$211,700,000$77,007,720$5,292,499$129,399,782

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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.