USA Mega

Idaho Powerball Jackpot Annuity Payout Schedule for Nov 20, 2010

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 $51,600,000 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:Sat, Nov 20, 2010
Jackpot:$51,600,000
Federal Tax:37% marginal rate
State Tax: 5.3%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$920,033$296,370$48,762$574,902
2$956,834$309,986$50,712$596,136
3$995,108$324,147$52,741$618,220
4$1,034,912$338,875$54,850$641,187
5$1,076,309$354,191$57,044$665,073
6$1,119,361$370,121$59,326$689,914
7$1,164,135$386,687$61,699$715,749
8$1,210,701$403,917$64,167$742,617
9$1,259,129$421,835$66,734$770,560
10$1,309,494$440,470$69,403$799,621
11$1,361,874$459,851$72,179$829,844
12$1,416,349$480,006$75,066$861,276
13$1,473,003$500,968$78,069$893,965
14$1,531,923$522,769$81,192$927,962
15$1,593,200$545,441$84,440$963,319
16$1,656,928$569,020$87,817$1,000,090
17$1,723,205$593,543$91,330$1,038,332
18$1,792,133$619,046$94,983$1,078,103
19$1,863,818$645,570$98,782$1,119,466
20$1,938,371$673,155$102,734$1,162,483
21$2,015,906$701,842$106,843$1,207,220
22$2,096,542$731,678$111,117$1,253,748
23$2,180,404$762,707$115,561$1,302,136
24$2,267,620$794,977$120,184$1,352,459
25$2,358,325$828,537$124,991$1,404,796
26$2,452,658$863,441$129,991$1,459,226
27$2,550,764$899,740$135,190$1,515,834
28$2,652,795$937,491$140,598$1,574,705
29$2,758,906$976,753$146,222$1,635,932
30$2,869,263$1,017,584$152,071$1,699,607
Total$51,600,000$17,770,718$2,734,798$31,094,482

◄ 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.