USA Mega

Idaho Powerball Jackpot Annuity Payout Schedule for Oct 29, 2011

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The tax information provided here is based on 2025 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 $209,200,000 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, Oct 29, 2011
Jackpot:$209,200,000
Federal Tax:37% marginal rate
State Tax: 5.695%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$3,730,057$1,337,141$212,427$2,180,489
2$3,879,259$1,392,346$220,924$2,265,989
3$4,034,429$1,449,759$229,761$2,354,909
4$4,195,807$1,509,469$238,951$2,447,387
5$4,363,639$1,571,567$248,509$2,543,563
6$4,538,184$1,636,148$258,450$2,643,586
7$4,719,712$1,703,314$268,788$2,747,611
8$4,908,500$1,773,165$279,539$2,855,796
9$5,104,840$1,845,811$290,721$2,968,308
10$5,309,034$1,921,363$302,349$3,085,322
11$5,521,395$1,999,936$314,443$3,207,015
12$5,742,251$2,081,653$327,021$3,333,577
13$5,971,941$2,166,638$340,102$3,465,201
14$6,210,819$2,255,023$353,706$3,602,089
15$6,459,251$2,346,943$367,854$3,744,454
16$6,717,621$2,442,540$382,569$3,892,513
17$6,986,326$2,541,961$397,871$4,046,494
18$7,265,779$2,645,359$413,786$4,206,635
19$7,556,411$2,752,892$430,338$4,373,181
20$7,858,667$2,864,727$447,551$4,546,389
21$8,173,014$2,981,035$465,453$4,726,525
22$8,499,934$3,101,996$484,071$4,913,867
23$8,839,932$3,227,795$503,434$5,108,703
24$9,193,529$3,358,626$523,571$5,311,331
25$9,561,270$3,494,690$544,514$5,522,066
26$9,943,721$3,636,197$566,295$5,741,229
27$10,341,470$3,783,364$588,947$5,969,159
28$10,755,128$3,936,418$612,505$6,206,206
29$11,185,334$4,095,594$637,005$6,452,735
30$11,632,747$4,261,137$662,485$6,709,125
Total$209,200,000$76,114,607$11,913,940$121,171,454

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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.