USA Mega

Arizona Powerball Jackpot Annuity Payout Schedule for Sep 13, 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 $419,100,000 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:Mon, Sep 13, 2021
Jackpot:$419,100,000
Federal Tax:37% marginal rate
State Tax: 2.5%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$6,308,056$2,289,938$157,701$3,860,417
2$6,623,459$2,406,637$165,586$4,051,236
3$6,954,632$2,529,171$173,866$4,251,595
4$7,302,364$2,657,832$182,559$4,461,973
5$7,667,482$2,792,926$191,687$4,682,869
6$8,050,856$2,934,774$201,271$4,914,811
7$8,453,399$3,083,715$211,335$5,158,349
8$8,876,069$3,240,103$221,902$5,414,065
9$9,319,872$3,404,310$232,997$5,682,566
10$9,785,866$3,576,728$244,647$5,964,492
11$10,275,159$3,757,766$256,879$6,260,514
12$10,788,917$3,947,857$269,723$6,571,338
13$11,328,363$4,147,452$283,209$6,897,702
14$11,894,781$4,357,026$297,370$7,240,385
15$12,489,520$4,577,080$312,238$7,600,203
16$13,113,996$4,808,136$327,850$7,978,011
17$13,769,696$5,050,745$344,242$8,374,709
18$14,458,181$5,305,484$361,455$8,791,242
19$15,181,090$5,572,961$379,527$9,228,602
20$15,940,145$5,853,811$398,504$9,687,830
21$16,737,152$6,148,703$418,429$10,170,019
22$17,574,009$6,458,341$439,350$10,676,318
23$18,452,710$6,783,460$461,318$11,207,932
24$19,375,345$7,124,835$484,384$11,766,127
25$20,344,112$7,483,279$508,603$12,352,231
26$21,361,318$7,859,645$534,033$12,967,640
27$22,429,384$8,254,829$560,735$13,613,820
28$23,550,853$8,669,773$588,771$14,292,309
29$24,728,396$9,105,464$618,210$15,004,722
30$25,964,816$9,562,939$649,120$15,752,756
Total$419,100,001$153,745,720$10,477,501$254,876,783

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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.