USA Mega

Arizona Powerball Jackpot Annuity Payout Schedule for Aug 19, 2017

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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 $541,900,000 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:Sat, Aug 19, 2017
Jackpot:$541,900,000
Federal Tax:37% marginal rate
State Tax: 2.5%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$8,156,373$2,973,815$203,909$4,978,648
2$8,564,191$3,124,708$214,105$5,225,379
3$8,992,401$3,283,146$224,810$5,484,445
4$9,442,021$3,449,505$236,051$5,756,466
5$9,914,122$3,624,182$247,853$6,042,086
6$10,409,828$3,807,594$260,246$6,341,989
7$10,930,320$4,000,176$273,258$6,656,886
8$11,476,836$4,202,386$286,921$6,987,528
9$12,050,677$4,414,708$301,267$7,334,703
10$12,653,211$4,637,645$316,330$7,699,235
11$13,285,872$4,871,730$332,147$8,081,995
12$13,950,165$5,117,518$348,754$8,483,893
13$14,647,674$5,375,596$366,192$8,905,885
14$15,380,057$5,646,578$384,501$9,348,977
15$16,149,060$5,931,109$403,727$9,814,224
16$16,956,513$6,229,867$423,913$10,302,733
17$17,804,339$6,543,563$445,108$10,815,668
18$18,694,556$6,872,943$467,364$11,354,249
19$19,629,283$7,218,792$490,732$11,919,759
20$20,610,748$7,581,934$515,269$12,513,545
21$21,641,285$7,963,233$541,032$13,137,020
22$22,723,349$8,363,596$568,084$13,791,669
23$23,859,517$8,783,978$596,488$14,479,050
24$25,052,492$9,225,379$626,312$15,200,801
25$26,305,117$9,688,850$657,628$15,958,638
26$27,620,373$10,175,495$690,509$16,754,368
27$29,001,392$10,686,472$725,035$17,589,885
28$30,451,461$11,222,998$761,287$18,467,177
29$31,974,034$11,786,350$799,351$19,388,333
30$33,572,736$12,377,870$839,318$20,355,548
Total$541,900,001$199,181,716$13,547,501$329,170,782

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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.