USA Mega

Idaho Powerball Jackpot Annuity Payout Schedule for May 25, 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 $144,200,000 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:Wed, May 25, 2011
Jackpot:$144,200,000
Federal Tax:37% marginal rate
State Tax: 5.695%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$2,571,100$908,327$146,424$1,516,349
2$2,673,944$946,380$152,281$1,575,284
3$2,780,902$985,954$158,372$1,636,576
4$2,892,138$1,027,111$164,707$1,700,320
5$3,007,824$1,069,915$171,296$1,766,613
6$3,128,137$1,114,431$178,147$1,835,558
7$3,253,262$1,160,727$185,273$1,907,262
8$3,383,393$1,208,876$192,684$1,981,833
9$3,518,728$1,258,950$200,392$2,059,387
10$3,659,477$1,311,027$208,407$2,140,043
11$3,805,857$1,365,187$216,744$2,223,926
12$3,958,091$1,421,514$225,413$2,311,164
13$4,116,414$1,480,094$234,430$2,401,891
14$4,281,071$1,541,017$243,807$2,496,247
15$4,452,314$1,604,376$253,559$2,594,378
16$4,630,406$1,670,271$263,702$2,696,434
17$4,815,623$1,738,801$274,250$2,802,572
18$5,008,248$1,810,072$285,220$2,912,956
19$5,208,577$1,884,194$296,628$3,027,755
20$5,416,921$1,961,281$308,494$3,147,146
21$5,633,597$2,041,451$320,833$3,271,313
22$5,858,941$2,124,829$333,667$3,400,446
23$6,093,299$2,211,541$347,013$3,534,745
24$6,337,031$2,301,722$360,894$3,674,415
25$6,590,512$2,395,510$375,330$3,819,673
26$6,854,133$2,493,049$390,343$3,970,740
27$7,128,298$2,594,490$405,957$4,127,851
28$7,413,430$2,699,989$422,195$4,291,246
29$7,709,967$2,809,708$439,083$4,461,176
30$8,018,366$2,923,816$456,646$4,637,904
Total$144,200,000$52,064,610$8,212,191$83,923,203

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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.