USA Mega

Idaho Powerball Jackpot Annuity Payout Schedule for Jun 19, 1999

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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 $76,000,000 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, Jun 19, 1999
Jackpot:$76,000,000
Federal Tax:37% marginal rate
State Tax: 5.3%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$1,355,088$457,340$71,820$825,928
2$1,409,291$477,395$74,692$857,204
3$1,465,663$498,252$77,680$889,730
4$1,524,289$519,944$80,787$923,558
5$1,585,261$542,504$84,019$958,738
6$1,648,671$565,966$87,380$995,326
7$1,714,618$590,366$90,875$1,033,377
8$1,783,203$615,742$94,510$1,072,951
9$1,854,531$642,134$98,290$1,114,107
10$1,928,712$669,581$102,222$1,156,910
11$2,005,861$698,126$106,311$1,201,424
12$2,086,095$727,812$110,563$1,247,720
13$2,169,539$758,687$114,986$1,295,867
14$2,256,320$790,796$119,585$1,345,940
15$2,346,573$824,189$124,368$1,398,015
16$2,440,436$858,919$129,343$1,452,174
17$2,538,054$895,037$134,517$1,508,500
18$2,639,576$932,600$139,898$1,567,078
19$2,745,159$971,666$145,493$1,627,999
20$2,854,965$1,012,294$151,313$1,691,358
21$2,969,164$1,054,548$157,366$1,757,250
22$3,087,930$1,098,491$163,660$1,825,778
23$3,211,447$1,144,193$170,207$1,897,048
24$3,339,905$1,191,722$177,015$1,971,168
25$3,473,502$1,241,153$184,096$2,048,253
26$3,612,442$1,292,561$191,459$2,128,422
27$3,756,939$1,346,025$199,118$2,211,797
28$3,907,217$1,401,627$207,082$2,298,507
29$4,063,505$1,459,454$215,366$2,388,685
30$4,226,046$1,519,594$223,980$2,482,471
Total$76,000,000$26,798,718$4,028,001$45,173,283

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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.