USA Mega

Idaho Powerball Jackpot Annuity Payout Schedule for Dec 7, 2013

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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 $101,900,000 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, Dec 7, 2013
Jackpot:$101,900,000
Federal Tax:37% marginal rate
State Tax: 5.3%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$1,816,887$628,205$96,295$1,092,387
2$1,889,563$655,095$100,147$1,134,320
3$1,965,145$683,061$104,153$1,177,931
4$2,043,751$712,145$108,319$1,223,287
5$2,125,501$742,393$112,652$1,270,457
6$2,210,521$773,850$117,158$1,319,513
7$2,298,942$806,566$121,844$1,370,532
8$2,390,899$840,590$126,718$1,423,592
9$2,486,535$875,975$131,786$1,478,774
10$2,585,997$912,776$137,058$1,536,163
11$2,689,437$951,049$142,540$1,595,848
12$2,797,014$990,853$148,242$1,657,920
13$2,908,895$1,032,248$154,171$1,722,475
14$3,025,251$1,075,300$160,338$1,789,612
15$3,146,261$1,120,074$166,752$1,859,435
16$3,272,111$1,166,638$173,422$1,932,051
17$3,402,995$1,215,066$180,359$2,007,571
18$3,539,115$1,265,430$187,573$2,086,112
19$3,680,680$1,317,809$195,076$2,167,795
20$3,827,907$1,372,283$202,879$2,252,745
21$3,981,023$1,428,936$210,994$2,341,093
22$4,140,264$1,487,855$219,434$2,432,975
23$4,305,875$1,549,131$228,211$2,528,533
24$4,478,110$1,612,858$237,340$2,627,912
25$4,657,234$1,679,134$246,833$2,731,267
26$4,843,524$1,748,061$256,707$2,838,756
27$5,037,265$1,819,745$266,975$2,950,544
28$5,238,755$1,894,297$277,654$3,066,804
29$5,448,305$1,971,830$288,760$3,187,715
30$5,666,238$2,052,465$300,311$3,313,462
Total$101,900,000$36,381,718$5,400,701$60,117,581

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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.