USA Mega

Idaho Powerball Jackpot Annuity Payout Schedule for Nov 19, 1997

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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 $17,100,000 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, Nov 19, 1997
Jackpot:$17,100,000
Federal Tax:37% marginal rate
State Tax: 5.3%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$304,895$75,482$16,159$213,253
2$317,090$79,751$16,806$220,534
3$329,774$84,190$17,478$228,106
4$342,965$88,807$18,177$235,981
5$356,684$93,609$18,904$244,171
6$370,951$98,602$19,660$252,689
7$385,789$103,795$20,447$261,547
8$401,221$109,196$21,265$270,759
9$417,269$114,814$22,115$280,341
10$433,960$120,655$23,000$290,305
11$451,319$126,731$23,920$300,668
12$469,371$133,049$24,877$311,445
13$488,146$139,620$25,872$322,654
14$507,672$146,454$26,907$334,311
15$527,979$153,562$27,983$346,434
16$549,098$160,954$29,102$359,042
17$571,062$168,641$30,266$372,155
18$593,905$176,636$31,477$385,792
19$617,661$184,950$32,736$399,974
20$642,367$193,633$34,045$414,689
21$668,062$203,140$35,407$429,514
22$694,784$213,027$36,824$444,933
23$722,576$223,310$38,297$460,969
24$751,479$234,004$39,828$477,646
25$781,538$245,126$41,422$494,990
26$812,799$256,693$43,078$513,028
27$845,311$268,722$44,802$531,787
28$879,124$281,233$46,594$551,297
29$914,289$294,244$48,457$571,587
30$950,860$307,776$50,396$592,689
Total$17,100,000$5,080,406$906,301$11,113,290

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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.