USA Mega

Arizona Powerball Jackpot Annuity Payout Schedule for Apr 21, 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 $258,500,000 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, Apr 21, 2010
Jackpot:$258,500,000
Federal Tax:37% marginal rate
State Tax: 2.5%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$4,609,081$1,661,317$115,227$2,832,537
2$4,793,444$1,729,531$119,836$2,944,076
3$4,985,182$1,800,474$124,630$3,060,078
4$5,184,589$1,874,255$129,615$3,180,719
5$5,391,972$1,950,987$134,799$3,306,186
6$5,607,651$2,030,788$140,191$3,436,672
7$5,831,957$2,113,781$145,799$3,572,377
8$6,065,236$2,200,094$151,631$3,713,510
9$6,307,845$2,289,860$157,696$3,860,289
10$6,560,159$2,383,216$164,004$4,012,939
11$6,822,565$2,480,306$170,564$4,171,695
12$7,095,468$2,581,280$177,387$4,336,801
13$7,379,287$2,686,293$184,482$4,508,511
14$7,674,458$2,795,507$191,861$4,687,090
15$7,981,436$2,909,089$199,536$4,872,812
16$8,300,694$3,027,214$207,517$5,065,963
17$8,632,722$3,150,064$215,818$5,266,839
18$8,978,030$3,277,829$224,451$5,475,751
19$9,337,152$3,410,703$233,429$5,693,020
20$9,710,638$3,548,893$242,766$5,918,979
21$10,099,063$3,692,611$252,477$6,153,976
22$10,503,026$3,842,077$262,576$6,398,373
23$10,923,147$3,997,522$273,079$6,652,547
24$11,360,073$4,159,184$284,002$6,916,887
25$11,814,476$4,327,313$295,362$7,191,800
26$12,287,055$4,502,167$307,176$7,477,711
27$12,778,537$4,684,016$319,463$7,775,057
28$13,289,678$4,873,138$332,242$8,084,298
29$13,821,265$5,069,825$345,532$8,405,908
30$14,374,116$5,274,380$359,353$8,740,383
Total$258,500,000$94,323,714$6,462,501$157,713,784

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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.