USA Mega

Arizona Powerball Jackpot Annuity Payout Schedule for Jun 25, 2022

For a non-Arizona resident

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: 6% (non-resident tax rate)
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$5,022,664$1,821,341$301,360$2,899,963
2$5,273,797$1,914,260$316,428$3,043,109
3$5,537,487$2,011,825$332,249$3,193,413
4$5,814,361$2,114,269$348,862$3,351,231
5$6,105,079$2,221,834$366,305$3,516,940
6$6,410,333$2,334,778$384,620$3,690,935
7$6,730,850$2,453,370$403,851$3,873,630
8$7,067,393$2,577,890$424,044$4,065,459
9$7,420,762$2,708,637$445,246$4,266,879
10$7,791,800$2,845,921$467,508$4,478,371
11$8,181,390$2,990,069$490,883$4,700,437
12$8,590,460$3,141,425$515,428$4,933,607
13$9,019,983$3,300,349$541,199$5,178,435
14$9,470,982$3,467,218$568,259$5,435,505
15$9,944,531$3,642,431$596,672$5,705,428
16$10,441,758$3,826,405$626,505$5,988,847
17$10,963,845$4,019,578$657,831$6,286,437
18$11,512,038$4,222,409$690,722$6,598,906
19$12,087,639$4,435,382$725,258$6,926,999
20$12,692,022$4,659,003$761,521$7,271,497
21$13,326,623$4,893,805$799,597$7,633,220
22$13,992,954$5,140,348$839,577$8,013,029
23$14,692,601$5,399,218$881,556$8,411,828
24$15,427,231$5,671,031$925,634$8,830,567
25$16,198,593$5,956,434$971,916$9,270,243
26$17,008,523$6,256,108$1,020,511$9,731,903
27$17,858,949$6,570,766$1,071,537$10,216,646
28$18,751,896$6,901,157$1,125,114$10,725,626
29$19,689,491$7,248,067$1,181,369$11,260,055
30$20,673,966$7,612,322$1,240,438$11,821,205
Total$333,700,001$122,357,650$20,022,000$191,320,350

◄ 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.