USA Mega

Idaho Powerball Jackpot Annuity Payout Schedule for Jan 19, 2011

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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 $99,400,000 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, Jan 19, 2011
Jackpot:$99,400,000
Federal Tax:37% marginal rate
State Tax: 5.3%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$1,772,312$611,713$93,933$1,066,667
2$1,843,204$637,943$97,690$1,107,572
3$1,916,933$665,222$101,597$1,150,113
4$1,993,610$693,593$105,661$1,194,356
5$2,073,354$723,098$109,888$1,240,368
6$2,156,288$753,784$114,283$1,288,221
7$2,242,540$785,697$118,855$1,337,988
8$2,332,241$818,887$123,609$1,389,746
9$2,425,531$853,404$128,553$1,443,574
10$2,522,552$889,302$133,695$1,499,555
11$2,623,454$926,635$139,043$1,557,776
12$2,728,393$965,463$144,605$1,618,325
13$2,837,528$1,005,843$150,389$1,681,297
14$2,951,030$1,047,838$156,405$1,746,787
15$3,069,071$1,091,513$162,661$1,814,897
16$3,191,834$1,136,936$169,167$1,885,731
17$3,319,507$1,184,175$175,934$1,959,398
18$3,452,287$1,233,303$182,971$2,036,012
19$3,590,379$1,284,397$190,290$2,115,691
20$3,733,994$1,337,535$197,902$2,198,557
21$3,883,354$1,392,798$205,818$2,284,738
22$4,038,688$1,450,272$214,050$2,374,366
23$4,200,235$1,510,044$222,612$2,467,578
24$4,368,245$1,572,208$231,517$2,564,520
25$4,542,974$1,636,858$240,778$2,665,339
26$4,724,693$1,704,094$250,409$2,770,191
27$4,913,681$1,774,019$260,425$2,879,237
28$5,110,228$1,846,742$270,842$2,992,644
29$5,314,637$1,922,373$281,676$3,110,589
30$5,527,223$2,001,030$292,943$3,233,250
Total$99,400,000$35,456,719$5,268,201$58,675,083

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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.