USA Mega

Idaho Powerball Jackpot Annuity Payout Schedule for Aug 22, 2001

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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 $190,600,000 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, Aug 22, 2001
Jackpot:$190,600,000
Federal Tax:37% marginal rate
State Tax: 5.3%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$3,398,417$1,213,372$180,116$2,004,929
2$3,534,354$1,263,668$187,321$2,083,365
3$3,675,728$1,315,977$194,814$2,164,938
4$3,822,757$1,370,377$202,606$2,249,773
5$3,975,667$1,426,954$210,710$2,338,003
6$4,134,694$1,485,794$219,139$2,429,761
7$4,300,082$1,546,987$227,904$2,525,190
8$4,472,085$1,610,629$237,020$2,624,436
9$4,650,968$1,676,815$246,501$2,727,651
10$4,837,007$1,745,650$256,361$2,834,996
11$5,030,487$1,817,238$266,616$2,946,634
12$5,231,707$1,891,689$277,280$3,062,738
13$5,440,975$1,969,118$288,372$3,183,485
14$5,658,614$2,049,644$299,907$3,309,063
15$5,884,958$2,133,392$311,903$3,439,664
16$6,120,357$2,220,489$324,379$3,575,489
17$6,365,171$2,311,071$337,354$3,716,746
18$6,619,778$2,405,275$350,848$3,863,655
19$6,884,569$2,503,248$364,882$4,016,439
20$7,159,952$2,605,139$379,477$4,175,335
21$7,446,350$2,711,107$394,657$4,340,587
22$7,744,204$2,821,313$410,443$4,512,448
23$8,053,972$2,935,927$426,861$4,691,185
24$8,376,131$3,055,126$443,935$4,877,070
25$8,711,176$3,179,092$461,692$5,070,391
26$9,059,623$3,308,018$480,160$5,271,445
27$9,422,008$3,442,100$499,366$5,480,541
28$9,798,888$3,581,546$519,341$5,698,001
29$10,190,844$3,726,570$540,115$5,924,160
30$10,598,478$3,877,394$561,719$6,159,364
Total$190,600,000$69,200,719$10,101,799$111,297,482

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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.