USA Mega

Arizona Powerball Jackpot Annuity Payout Schedule for Sep 1, 2010

Media: You may freely use any information on this page, but you must credit usamega.com.

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 $34,700,000 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:Wed, Sep 1, 2010
Jackpot:$34,700,000
Federal Tax:37% marginal rate
State Tax: 2.5%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$618,704$185,316$15,468$417,921
2$643,453$194,035$16,086$433,332
3$669,191$203,558$16,730$448,903
4$695,958$213,462$17,399$465,098
5$723,797$223,762$18,095$481,940
6$752,749$234,474$18,819$499,456
7$782,858$245,615$19,571$517,672
8$814,173$257,201$20,354$536,617
9$846,740$269,251$21,168$556,320
10$880,609$281,783$22,015$576,811
11$915,834$294,816$22,896$598,122
12$952,467$308,370$23,812$620,285
13$990,566$322,467$24,764$643,335
14$1,030,188$337,127$25,755$667,307
15$1,071,396$352,374$26,785$692,237
16$1,114,252$368,230$27,856$718,165
17$1,158,822$384,721$28,971$745,130
18$1,205,175$401,872$30,129$773,173
19$1,253,382$419,708$31,335$802,339
20$1,303,517$438,259$32,588$832,670
21$1,355,658$457,551$33,891$864,216
22$1,409,884$477,614$35,247$897,023
23$1,466,279$498,481$36,657$931,142
24$1,524,930$520,182$38,123$966,626
25$1,585,928$542,750$39,648$1,003,529
26$1,649,365$566,222$41,234$1,041,908
27$1,715,339$590,633$42,883$1,081,823
28$1,783,953$616,020$44,599$1,123,334
29$1,855,311$642,422$46,383$1,166,506
30$1,929,523$669,881$48,238$1,211,404
Total$34,700,000$11,518,157$867,499$22,314,344

◄ Back to Jackpot Analysis

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.