USA Mega

Arizona Powerball Jackpot Annuity Payout Schedule for Jun 29, 2011

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The tax information provided here is based on 2025 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 $77,100,000 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, Jun 29, 2011
Jackpot:$77,100,000
Federal Tax:37% marginal rate
State Tax: 2.5%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$1,374,701$465,659$34,368$874,674
2$1,429,689$486,005$35,742$907,941
3$1,486,876$507,164$37,172$942,540
4$1,546,351$529,170$38,659$978,522
5$1,608,205$552,056$40,205$1,015,944
6$1,672,534$575,858$41,813$1,054,863
7$1,739,435$600,611$43,486$1,095,338
8$1,809,012$626,355$45,225$1,137,432
9$1,881,373$653,128$47,034$1,181,210
10$1,956,628$680,972$48,916$1,226,739
11$2,034,893$709,931$50,872$1,274,090
12$2,116,288$740,047$52,907$1,323,334
13$2,200,940$771,368$55,024$1,374,548
14$2,288,978$803,942$57,224$1,427,811
15$2,380,537$837,819$59,513$1,483,204
16$2,475,758$873,051$61,894$1,540,813
17$2,574,789$909,692$64,370$1,600,727
18$2,677,780$947,799$66,945$1,663,037
19$2,784,891$987,430$69,622$1,727,839
20$2,896,287$1,028,646$72,407$1,795,233
21$3,012,138$1,071,511$75,303$1,865,323
22$3,132,624$1,116,091$78,316$1,938,217
23$3,257,929$1,162,454$81,448$2,014,027
24$3,388,246$1,210,671$84,706$2,092,869
25$3,523,776$1,260,817$88,094$2,174,864
26$3,664,727$1,312,969$91,618$2,260,140
27$3,811,316$1,367,207$95,283$2,348,826
28$3,963,769$1,423,615$99,094$2,441,060
29$4,122,319$1,482,278$103,058$2,536,983
30$4,287,212$1,543,289$107,180$2,636,743
Total$77,100,000$27,237,605$1,927,498$47,934,891

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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.