USA Mega

Idaho Powerball Jackpot Annuity Payout Schedule for Oct 14, 1992

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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 $38,500,000 for a ticket purchased in Idaho, 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:

Idaho

Drawing Date:Wed, Oct 14, 1992
Jackpot:$38,500,000
Federal Tax:37% marginal rate
State Tax: 5.3%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$686,459$209,947$36,382$440,129
2$713,917$220,107$37,838$455,973
3$742,474$230,673$39,351$472,450
4$772,173$241,661$40,925$489,586
5$803,060$253,089$42,562$507,408
6$835,182$264,975$44,265$525,943
7$868,589$277,335$46,035$545,219
8$903,333$290,190$47,877$565,266
9$939,466$303,560$49,792$586,115
10$977,045$317,464$51,783$607,798
11$1,016,127$331,924$53,855$630,348
12$1,056,772$346,963$56,009$653,800
13$1,099,043$362,603$58,249$678,190
14$1,143,004$378,869$60,579$703,556
15$1,188,725$395,785$63,002$729,937
16$1,236,274$413,378$65,522$757,373
17$1,285,724$431,675$68,143$785,906
18$1,337,153$450,704$70,869$815,580
19$1,390,640$470,494$73,704$846,442
20$1,446,265$491,075$76,652$878,538
21$1,504,116$512,480$79,718$911,918
22$1,564,280$534,741$82,907$946,633
23$1,626,852$557,892$86,223$982,736
24$1,691,926$581,970$89,672$1,020,284
25$1,759,603$607,010$93,259$1,059,334
26$1,829,987$633,052$96,989$1,099,945
27$1,903,186$660,136$100,869$1,142,181
28$1,979,314$688,303$104,904$1,186,107
29$2,058,486$717,597$109,100$1,231,789
30$2,140,826$748,063$113,464$1,279,299
Total$38,500,000$12,923,715$2,040,499$23,535,783

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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.