USA Mega

Idaho Powerball Jackpot Annuity Payout Schedule for Jul 13, 2002

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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 $30,200,000 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, Jul 13, 2002
Jackpot:$30,200,000
Federal Tax:37% marginal rate
State Tax: 5.3%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$538,469$157,233$28,539$352,697
2$560,008$164,772$29,680$365,555
3$582,408$172,612$30,868$378,928
4$605,704$180,766$32,102$392,836
5$629,933$189,246$33,386$407,300
6$655,130$198,355$34,722$422,053
7$681,335$208,051$36,111$437,173
8$708,588$218,135$37,555$452,898
9$736,932$228,622$39,057$469,253
10$766,409$239,529$40,620$486,261
11$797,066$250,872$42,244$503,950
12$828,948$262,668$43,934$522,346
13$862,106$274,937$45,692$541,478
14$896,590$287,696$47,519$561,375
15$932,454$300,965$49,420$582,069
16$969,752$314,766$51,397$603,590
17$1,008,542$329,118$53,453$625,972
18$1,048,884$344,044$55,591$649,249
19$1,090,839$359,568$57,814$673,457
20$1,134,473$375,712$60,127$698,634
21$1,179,852$392,502$62,532$724,817
22$1,227,046$409,964$65,033$752,048
23$1,276,128$428,125$67,635$780,368
24$1,327,173$447,011$70,340$809,822
25$1,380,260$466,653$73,154$840,453
26$1,435,470$487,081$76,080$872,309
27$1,492,889$508,326$79,123$905,440
28$1,552,605$530,421$82,288$939,896
29$1,614,709$553,399$85,580$975,730
30$1,679,297$577,297$89,003$1,012,997
Total$30,200,000$9,858,446$1,600,599$18,740,954

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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.