USA Mega

Idaho Powerball Jackpot Annuity Payout Schedule for Oct 3, 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 $18,000,000 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:Sat, Oct 3, 1992
Jackpot:$18,000,000
Federal Tax:37% marginal rate
State Tax: 5.3%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$320,942$81,099$17,010$222,833
2$333,779$85,592$17,690$230,497
3$347,131$90,265$18,398$238,468
4$361,016$95,125$19,134$246,757
5$375,456$100,179$19,899$255,378
6$390,475$105,435$20,695$264,344
7$406,094$110,902$21,523$273,669
8$422,337$116,587$22,384$283,366
9$439,231$122,500$23,279$293,452
10$456,800$128,649$24,210$303,940
11$475,072$135,045$25,179$314,849
12$494,075$141,696$26,186$326,194
13$513,838$148,613$27,233$337,992
14$534,392$155,806$28,323$350,263
15$555,767$163,288$29,456$363,024
16$577,998$171,069$30,634$376,296
17$601,118$179,161$31,859$390,098
18$625,163$187,576$33,134$404,453
19$650,169$196,520$34,459$419,190
20$676,176$206,142$35,837$434,196
21$703,223$216,150$37,271$449,802
22$731,352$226,557$38,762$466,033
23$760,606$237,381$40,312$482,912
24$791,030$248,638$41,925$500,467
25$822,671$260,346$43,602$518,724
26$855,578$272,521$45,346$537,711
27$889,801$285,184$47,159$557,458
28$925,393$298,353$49,046$577,995
29$962,409$312,049$51,008$599,353
30$1,000,906$326,292$53,048$621,565
Total$18,000,000$5,404,720$954,001$11,641,279

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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.