USA Mega

Idaho Powerball Jackpot Annuity Payout Schedule for Sep 13, 2021

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 $419,100,000 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:Mon, Sep 13, 2021
Jackpot:$419,100,000
Federal Tax:37% marginal rate
State Tax: 5.3%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$6,308,056$2,289,938$334,327$3,683,791
2$6,623,459$2,406,637$351,043$3,865,779
3$6,954,632$2,529,171$368,596$4,056,866
4$7,302,364$2,657,832$387,025$4,257,507
5$7,667,482$2,792,926$406,377$4,468,180
6$8,050,856$2,934,774$426,695$4,689,387
7$8,453,399$3,083,715$448,030$4,921,654
8$8,876,069$3,240,103$470,432$5,165,535
9$9,319,872$3,404,310$493,953$5,421,609
10$9,785,866$3,576,728$518,651$5,690,487
11$10,275,159$3,757,766$544,583$5,972,810
12$10,788,917$3,947,857$571,813$6,269,248
13$11,328,363$4,147,452$600,403$6,580,508
14$11,894,781$4,357,026$630,423$6,907,332
15$12,489,520$4,577,080$661,945$7,250,496
16$13,113,996$4,808,136$695,042$7,610,819
17$13,769,696$5,050,745$729,794$7,989,157
18$14,458,181$5,305,484$766,284$8,386,413
19$15,181,090$5,572,961$804,598$8,803,532
20$15,940,145$5,853,811$844,828$9,241,506
21$16,737,152$6,148,703$887,069$9,701,379
22$17,574,009$6,458,341$931,422$10,184,246
23$18,452,710$6,783,460$977,994$10,691,256
24$19,375,345$7,124,835$1,026,893$11,223,617
25$20,344,112$7,483,279$1,078,238$11,782,596
26$21,361,318$7,859,645$1,132,150$12,369,523
27$22,429,384$8,254,829$1,188,757$12,985,797
28$23,550,853$8,669,773$1,248,195$13,632,885
29$24,728,396$9,105,464$1,310,605$14,312,327
30$25,964,816$9,562,939$1,376,135$15,025,741
Total$419,100,001$153,745,720$22,212,300$243,141,983

◄ 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.