USA Mega

Arizona Powerball Jackpot Annuity Payout Schedule for Jun 25, 2022

Media: You may freely use any information on this page, but you must credit usamega.com.

The tax information provided here is based on 2022 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 $333,700,000 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 25, 2022
Jackpot:$333,700,000
Federal Tax:37% marginal rate
State Tax: 2.5%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$5,022,664$1,821,341$125,567$3,075,757
2$5,273,797$1,914,260$131,845$3,227,692
3$5,537,487$2,011,825$138,437$3,387,225
4$5,814,361$2,114,269$145,359$3,554,734
5$6,105,079$2,221,834$152,627$3,730,618
6$6,410,333$2,334,778$160,258$3,915,297
7$6,730,850$2,453,370$168,271$4,109,209
8$7,067,393$2,577,890$176,685$4,312,818
9$7,420,762$2,708,637$185,519$4,526,606
10$7,791,800$2,845,921$194,795$4,751,084
11$8,181,390$2,990,069$204,535$4,986,786
12$8,590,460$3,141,425$214,761$5,234,273
13$9,019,983$3,300,349$225,500$5,494,135
14$9,470,982$3,467,218$236,775$5,766,989
15$9,944,531$3,642,431$248,613$6,053,486
16$10,441,758$3,826,405$261,044$6,354,308
17$10,963,845$4,019,578$274,096$6,670,171
18$11,512,038$4,222,409$287,801$7,001,828
19$12,087,639$4,435,382$302,191$7,350,067
20$12,692,022$4,659,003$317,301$7,715,718
21$13,326,623$4,893,805$333,166$8,099,652
22$13,992,954$5,140,348$349,824$8,502,782
23$14,692,601$5,399,218$367,315$8,926,069
24$15,427,231$5,671,031$385,681$9,370,520
25$16,198,593$5,956,434$404,965$9,837,194
26$17,008,523$6,256,108$425,213$10,327,201
27$17,858,949$6,570,766$446,474$10,841,709
28$18,751,896$6,901,157$468,797$11,381,942
29$19,689,491$7,248,067$492,237$11,949,187
30$20,673,966$7,612,322$516,849$12,544,794
Total$333,700,001$122,357,650$8,342,501$202,999,851

◄ Back to Jackpot Analysis

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.