USA Mega

Arizona Powerball Jackpot Annuity Payout Schedule for Feb 17, 2018

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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 $225,300,000 for a ticket purchased in Arizona, 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:

Arizona

Drawing Date:Sat, Feb 17, 2018
Jackpot:$225,300,000
Federal Tax:37% marginal rate
State Tax: 2.5%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$3,391,088$1,210,660$84,777$2,095,651
2$3,560,643$1,273,395$89,016$2,198,232
3$3,738,675$1,339,267$93,467$2,305,941
4$3,925,609$1,408,432$98,140$2,419,036
5$4,121,889$1,481,056$103,047$2,537,786
6$4,327,983$1,557,311$108,200$2,662,473
7$4,544,383$1,637,379$113,610$2,793,394
8$4,771,602$1,721,450$119,290$2,930,862
9$5,010,182$1,809,725$125,255$3,075,203
10$5,260,691$1,902,413$131,517$3,226,761
11$5,523,726$1,999,736$138,093$3,385,897
12$5,799,912$2,101,925$144,998$3,552,989
13$6,089,907$2,209,223$152,248$3,728,437
14$6,394,403$2,321,886$159,860$3,912,656
15$6,714,123$2,440,183$167,853$4,106,087
16$7,049,829$2,564,394$176,246$4,309,189
17$7,402,320$2,694,816$185,058$4,522,447
18$7,772,437$2,831,759$194,311$4,746,367
19$8,161,058$2,975,549$204,026$4,981,483
20$8,569,111$3,126,528$214,228$5,228,355
21$8,997,567$3,285,057$224,939$5,487,571
22$9,447,445$3,451,512$236,186$5,759,747
23$9,919,818$3,626,290$247,995$6,045,532
24$10,415,808$3,809,806$260,395$6,345,607
25$10,936,599$4,002,499$273,415$6,660,685
26$11,483,429$4,204,826$287,086$6,991,517
27$12,057,600$4,417,269$301,440$7,338,891
28$12,660,480$4,640,335$316,512$7,703,633
29$13,293,504$4,874,554$332,338$8,086,613
30$13,958,179$5,120,484$348,954$8,488,741
Total$225,300,000$82,039,719$5,632,500$137,627,783

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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.