USA Mega

Idaho Powerball Jackpot Annuity Payout Schedule for Feb 11, 2004

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 $13,300,000 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, Feb 11, 2004
Jackpot:$13,300,000
Federal Tax:37% marginal rate
State Tax: 5.3%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$237,140$52,341$12,568$172,231
2$246,626$55,376$13,071$178,178
3$256,491$58,541$13,594$184,356
4$266,751$62,132$14,138$190,481
5$277,421$65,866$14,703$196,851
6$288,517$69,750$15,291$203,476
7$300,058$73,790$15,903$210,365
8$312,060$77,990$16,539$217,531
9$324,543$82,359$17,201$224,983
10$337,525$86,903$17,889$232,733
11$351,026$91,628$18,604$240,793
12$365,067$96,543$19,349$249,176
13$379,669$101,654$20,122$257,893
14$394,856$106,969$20,927$266,960
15$410,650$112,497$21,764$276,389
16$427,076$118,246$22,635$286,195
17$444,159$124,225$23,540$296,394
18$461,926$130,443$24,482$307,000
19$480,403$136,910$25,461$318,031
20$499,619$143,636$26,480$329,503
21$519,604$150,631$27,539$341,434
22$540,388$157,905$28,641$353,842
23$562,003$165,470$29,786$366,747
24$584,483$173,338$30,978$380,167
25$607,863$181,521$32,217$394,125
26$632,177$190,031$33,505$408,641
27$657,464$199,219$34,846$423,400
28$683,763$208,950$36,239$438,574
29$711,113$219,069$37,689$454,355
30$739,558$229,594$39,197$470,768
Total$13,300,000$3,723,527$704,898$8,871,572

◄ 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.