USA Mega

Arizona Powerball Jackpot Annuity Payout Schedule for Dec 15, 2021

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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 $335,000,000 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, Dec 15, 2021
Jackpot:$335,000,000
Federal Tax:37% marginal rate
State Tax: 2.5%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$5,042,231$1,821,583$126,056$3,094,592
2$5,294,342$1,914,864$132,359$3,247,120
3$5,559,059$2,012,809$138,976$3,407,274
4$5,837,013$2,115,652$145,925$3,575,435
5$6,128,863$2,223,637$153,222$3,752,005
6$6,435,306$2,337,021$160,883$3,937,403
7$6,757,072$2,456,074$168,927$4,132,071
8$7,094,925$2,581,080$177,373$4,336,472
9$7,449,671$2,712,336$186,242$4,551,094
10$7,822,155$2,850,155$195,554$4,776,446
11$8,213,263$2,994,864$205,332$5,013,067
12$8,623,926$3,146,810$215,598$5,261,518
13$9,055,122$3,306,352$226,378$5,522,392
14$9,507,878$3,473,872$237,697$5,796,309
15$9,983,272$3,649,768$249,582$6,083,922
16$10,482,436$3,834,458$262,061$6,385,916
17$11,006,557$4,028,383$275,164$6,703,010
18$11,556,885$4,232,005$288,922$7,035,958
19$12,134,729$4,445,807$303,368$7,385,554
20$12,741,466$4,670,300$318,537$7,752,630
21$13,378,539$4,906,017$334,463$8,138,059
22$14,047,466$5,153,520$351,187$8,542,760
23$14,749,840$5,413,398$368,746$8,967,696
24$15,487,331$5,686,270$387,183$9,413,878
25$16,261,698$5,972,785$406,542$9,882,370
26$17,074,783$6,273,627$426,870$10,374,287
27$17,928,522$6,589,510$448,213$10,890,799
28$18,824,948$6,921,188$470,624$11,433,136
29$19,766,196$7,269,450$494,155$12,002,591
30$20,754,506$7,635,124$518,863$12,600,519
Total$335,000,001$122,628,719$8,375,002$203,996,283

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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.