USA Mega

Arizona Powerball Jackpot Annuity Payout Schedule for Dec 6, 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 $279,000,000 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:Mon, Dec 6, 2021
Jackpot:$279,000,000
Federal Tax:37% marginal rate
State Tax: 2.5%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$4,199,350$1,509,717$104,984$2,584,650
2$4,409,318$1,587,405$110,233$2,711,680
3$4,629,784$1,668,977$115,745$2,845,062
4$4,861,273$1,754,628$121,532$2,985,113
5$5,104,337$1,844,562$127,608$3,132,166
6$5,359,553$1,938,992$133,989$3,286,573
7$5,627,531$2,038,144$140,688$3,448,699
8$5,908,908$2,142,253$147,723$3,618,932
9$6,204,353$2,251,568$155,109$3,797,676
10$6,514,571$2,366,348$162,864$3,985,358
11$6,840,299$2,486,868$171,007$4,182,424
12$7,182,314$2,613,414$179,558$4,389,343
13$7,541,430$2,746,286$188,536$4,606,608
14$7,918,502$2,885,803$197,963$4,834,736
15$8,314,427$3,032,295$207,861$5,074,271
16$8,730,148$3,186,112$218,254$5,325,782
17$9,166,655$3,347,620$229,166$5,589,869
18$9,624,988$3,517,203$240,625$5,867,161
19$10,106,237$3,695,265$252,656$6,158,316
20$10,611,549$3,882,231$265,289$6,464,030
21$11,142,127$4,078,544$278,553$6,785,029
22$11,699,233$4,284,673$292,481$7,122,079
23$12,284,195$4,501,109$307,105$7,475,981
24$12,898,404$4,728,367$322,460$7,847,577
25$13,543,325$4,966,987$338,583$8,237,754
26$14,220,491$5,217,539$355,512$8,647,440
27$14,931,516$5,480,618$373,288$9,077,610
28$15,678,091$5,756,851$391,952$9,529,288
29$16,461,996$6,046,896$411,550$10,003,550
30$17,285,096$6,351,443$432,127$10,501,526
Total$279,000,001$101,908,718$6,975,001$170,116,283

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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.