USA Mega

Arizona Powerball Jackpot Annuity Payout Schedule for Sep 14, 2022

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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 $207,100,000 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:Wed, Sep 14, 2022
Jackpot:$207,100,000
Federal Tax:37% marginal rate
State Tax: 2.5%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$3,117,152$1,109,304$77,929$1,929,920
2$3,273,010$1,166,971$81,825$2,024,214
3$3,436,660$1,227,522$85,917$2,123,222
4$3,608,493$1,291,100$90,212$2,227,181
5$3,788,918$1,357,857$94,723$2,336,338
6$3,978,364$1,427,952$99,459$2,450,953
7$4,177,282$1,501,552$104,432$2,571,298
8$4,386,146$1,578,831$109,654$2,697,661
9$4,605,454$1,659,975$115,136$2,830,342
10$4,835,726$1,745,176$120,893$2,969,657
11$5,077,513$1,834,637$126,938$3,115,938
12$5,331,388$1,928,571$133,285$3,269,533
13$5,597,958$2,027,202$139,949$3,430,807
14$5,877,855$2,130,764$146,946$3,600,145
15$6,171,748$2,239,504$154,294$3,777,950
16$6,480,336$2,353,681$162,008$3,964,646
17$6,804,352$2,473,568$170,109$4,160,676
18$7,144,570$2,599,448$178,614$4,366,508
19$7,501,798$2,731,623$187,545$4,582,631
20$7,876,888$2,870,406$196,922$4,809,560
21$8,270,733$3,016,128$206,768$5,047,836
22$8,684,269$3,169,137$217,107$5,298,026
23$9,118,483$3,329,796$227,962$5,560,725
24$9,574,407$3,498,488$239,360$5,836,559
25$10,053,127$3,675,614$251,328$6,126,185
26$10,555,784$3,861,597$263,895$6,430,292
27$11,083,573$4,056,879$277,089$6,749,604
28$11,637,752$4,261,925$290,944$7,084,882
29$12,219,639$4,477,224$305,491$7,436,924
30$12,830,621$4,703,287$320,766$7,806,569
Total$207,100,000$75,305,719$5,177,500$126,616,782

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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.