USA Mega

Arizona Powerball Jackpot Annuity Payout Schedule for Jun 5, 2021

For a non-Arizona resident

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The tax information provided here is based on 2021 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 $285,600,000 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 prize money, as well as deductions claimed.

State:

Arizona

Drawing Date:Sat, Jun 5, 2021
Jackpot:$285,600,000
Federal Tax:37% marginal rate
State Tax: 6% (non-resident tax rate)
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$4,298,690$1,554,587$257,921$2,486,181
2$4,513,624$1,634,113$270,817$2,608,694
3$4,739,306$1,717,615$284,358$2,737,332
4$4,976,271$1,805,293$298,576$2,872,402
5$5,225,084$1,897,353$313,505$3,014,226
6$5,486,339$1,994,018$329,180$3,163,141
7$5,760,656$2,095,515$345,639$3,319,501
8$6,048,688$2,202,087$362,921$3,483,680
9$6,351,123$2,313,988$381,067$3,656,068
10$6,668,679$2,431,483$400,121$3,837,075
11$7,002,113$2,554,854$420,127$4,027,132
12$7,352,219$2,684,393$441,133$4,226,692
13$7,719,829$2,820,409$463,190$4,436,231
14$8,105,821$2,963,226$486,349$4,656,246
15$8,511,112$3,113,184$510,667$4,887,262
16$8,936,668$3,270,639$536,200$5,129,828
17$9,383,501$3,435,968$563,010$5,384,523
18$9,852,676$3,609,562$591,161$5,651,953
19$10,345,310$3,791,837$620,719$5,932,754
20$10,862,575$3,983,225$651,755$6,227,596
21$11,405,704$4,184,183$684,342$6,537,179
22$11,975,989$4,395,188$718,559$6,862,242
23$12,574,789$4,616,744$754,487$7,203,557
24$13,203,528$4,849,378$792,212$7,561,939
25$13,863,704$5,093,643$831,822$7,938,239
26$14,556,890$5,350,121$873,413$8,333,355
27$15,284,734$5,619,424$917,084$8,748,226
28$16,048,971$5,902,191$962,938$9,183,841
29$16,851,419$6,199,097$1,011,085$9,641,237
30$17,693,990$6,510,849$1,061,639$10,121,502
Total$285,600,001$104,594,167$17,135,997$163,869,834

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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.