USA Mega

Arizona Powerball Jackpot Annuity Payout Schedule for Apr 6, 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 $221,700,000 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, Apr 6, 2011
Jackpot:$221,700,000
Federal Tax:37% marginal rate
State Tax: 2.5%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$3,952,933$1,418,542$98,823$2,435,567
2$4,111,050$1,477,046$102,776$2,531,228
3$4,275,492$1,537,889$106,887$2,630,716
4$4,446,512$1,601,167$111,163$2,734,183
5$4,624,372$1,666,975$115,609$2,841,788
6$4,809,347$1,735,416$120,234$2,953,698
7$5,001,721$1,806,594$125,043$3,070,084
8$5,201,790$1,880,620$130,045$3,191,126
9$5,409,862$1,957,606$135,247$3,317,009
10$5,626,256$2,037,672$140,656$3,447,928
11$5,851,306$2,120,941$146,283$3,584,083
12$6,085,359$2,207,540$152,134$3,725,685
13$6,328,773$2,297,603$158,219$3,872,950
14$6,581,924$2,391,269$164,548$4,026,107
15$6,845,201$2,488,682$171,130$4,185,389
16$7,119,009$2,589,991$177,975$4,351,043
17$7,403,769$2,695,352$185,094$4,523,323
18$7,699,920$2,804,928$192,498$4,702,494
19$8,007,917$2,918,887$200,198$4,888,832
20$8,328,234$3,037,404$208,206$5,082,624
21$8,661,363$3,160,662$216,534$5,284,167
22$9,007,817$3,288,850$225,195$5,493,772
23$9,368,130$3,422,165$234,203$5,711,761
24$9,742,855$3,560,814$243,571$5,938,470
25$10,132,570$3,705,008$253,314$6,174,247
26$10,537,872$3,854,970$263,447$6,419,456
27$10,959,387$4,010,931$273,985$6,674,472
28$11,397,763$4,173,129$284,944$6,939,689
29$11,853,673$4,341,816$296,342$7,215,515
30$12,327,820$4,517,251$308,196$7,502,374
Total$221,700,000$80,707,720$5,542,499$135,449,780

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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.