USA Mega

Idaho Powerball Jackpot Annuity Payout Schedule for May 20, 2000

Media: You may freely use any information on this page, but you must credit usamega.com.

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 $46,800,000 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, May 20, 2000
Jackpot:$46,800,000
Federal Tax:37% marginal rate
State Tax: 5.3%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$834,449$264,703$44,226$525,520
2$867,827$277,053$45,995$544,779
3$902,540$289,897$47,835$564,808
4$938,641$303,255$49,748$585,639
5$976,187$317,146$51,738$607,303
6$1,015,234$331,594$53,807$629,833
7$1,055,844$346,619$55,960$653,265
8$1,098,077$362,246$58,198$677,633
9$1,142,001$378,497$60,526$702,977
10$1,187,681$395,399$62,947$729,334
11$1,235,188$412,977$65,465$756,746
12$1,284,595$431,258$68,084$785,254
13$1,335,979$450,270$70,807$814,903
14$1,389,418$470,042$73,639$845,737
15$1,444,995$490,605$76,585$877,805
16$1,502,795$511,991$79,648$911,155
17$1,562,907$534,233$82,834$945,840
18$1,625,423$557,364$86,147$981,912
19$1,690,440$581,420$89,593$1,019,427
20$1,758,057$606,438$93,177$1,058,442
21$1,828,380$632,458$96,904$1,099,018
22$1,901,515$659,518$100,780$1,141,217
23$1,977,576$687,660$104,812$1,185,104
24$2,056,679$716,928$109,004$1,230,746
25$2,138,946$747,367$113,364$1,278,214
26$2,224,503$779,024$117,899$1,327,581
27$2,313,484$811,946$122,615$1,378,923
28$2,406,023$846,186$127,519$1,432,318
29$2,502,264$881,795$132,620$1,487,849
30$2,602,354$918,828$137,925$1,545,601
Total$46,800,000$15,994,717$2,480,401$28,324,883

◄ Back to Jackpot Analysis

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.