USA Mega

Arizona Powerball Jackpot Annuity Payout Schedule for Apr 20, 2011

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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 $57,300,000 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 20, 2011
Jackpot:$57,300,000
Federal Tax:37% marginal rate
State Tax: 2.5%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$1,021,665$333,973$25,542$662,150
2$1,062,531$349,094$26,563$686,874
3$1,105,033$364,819$27,626$712,587
4$1,149,234$381,174$28,731$739,329
5$1,195,203$398,182$29,880$767,141
6$1,243,011$415,871$31,075$796,065
7$1,292,732$434,268$32,318$826,145
8$1,344,441$453,400$33,611$857,430
9$1,398,219$473,298$34,955$889,965
10$1,454,147$493,992$36,354$923,802
11$1,512,313$515,513$37,808$958,992
12$1,572,806$537,895$39,320$995,590
13$1,635,718$561,173$40,893$1,033,652
14$1,701,147$585,382$42,529$1,073,237
15$1,769,193$610,559$44,230$1,114,404
16$1,839,960$636,743$45,999$1,157,219
17$1,913,559$663,974$47,839$1,201,746
18$1,990,101$692,295$49,753$1,248,054
19$2,069,705$721,748$51,743$1,296,214
20$2,152,493$752,380$53,812$1,346,301
21$2,238,593$784,237$55,965$1,398,392
22$2,328,137$817,368$58,203$1,452,566
23$2,421,262$851,824$60,532$1,508,906
24$2,518,113$887,659$62,953$1,567,501
25$2,618,837$924,927$65,471$1,628,439
26$2,723,591$963,686$68,090$1,691,815
27$2,832,534$1,003,995$70,813$1,757,726
28$2,945,836$1,045,917$73,646$1,826,273
29$3,063,669$1,089,515$76,592$1,897,563
30$3,186,216$1,134,857$79,655$1,971,703
Total$57,300,000$19,879,718$1,432,501$35,987,781

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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.