USA Mega

Idaho Powerball Jackpot Annuity Payout Schedule for Dec 16, 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 $6,400,000 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, Dec 16, 1992
Jackpot:$6,400,000
Federal Tax:37% marginal rate
State Tax: 5.3%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$114,113$19,985$6,048$88,080
2$118,677$21,081$6,290$91,307
3$123,424$22,220$6,541$94,663
4$128,361$23,405$6,803$98,153
5$133,496$24,637$7,075$101,783
6$138,835$25,919$7,358$105,559
7$144,389$27,251$7,653$109,485
8$150,164$28,637$7,959$113,568
9$156,171$30,079$8,277$117,815
10$162,418$31,578$8,608$122,231
11$168,915$33,137$8,952$126,825
12$175,671$34,759$9,311$131,602
13$182,698$36,446$9,683$136,569
14$190,006$38,199$10,070$141,736
15$197,606$40,023$10,473$147,110
16$205,510$42,219$10,892$152,399
17$213,731$44,850$11,328$157,553
18$222,280$47,586$11,781$162,914
19$231,171$50,431$12,252$168,488
20$240,418$53,390$12,742$174,286
21$250,035$56,467$13,252$180,316
22$260,036$59,782$13,782$186,472
23$270,438$63,422$14,333$192,682
24$281,255$67,209$14,907$199,140
25$292,505$71,146$15,503$205,856
26$304,206$75,241$16,123$212,841
27$316,374$79,500$16,768$220,106
28$329,029$83,929$17,439$227,661
29$342,190$88,536$18,136$235,518
30$355,878$93,326$18,862$243,690
Total$6,400,000$1,414,390$339,201$4,646,408

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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.