USA Mega

Idaho Powerball Jackpot Annuity Payout Schedule for Jul 27, 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 $201,300,000 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, Jul 27, 2013
Jackpot:$201,300,000
Federal Tax:37% marginal rate
State Tax: 5.3%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$3,589,199$1,283,961$190,228$2,115,011
2$3,732,767$1,337,081$197,837$2,197,849
3$3,882,078$1,392,326$205,750$2,284,002
4$4,037,361$1,449,781$213,980$2,373,600
5$4,198,855$1,509,534$222,539$2,466,782
6$4,366,809$1,571,677$231,441$2,563,692
7$4,541,482$1,636,305$240,699$2,664,478
8$4,723,141$1,703,519$250,326$2,769,295
9$4,912,067$1,773,422$260,340$2,878,305
10$5,108,549$1,846,120$270,753$2,991,676
11$5,312,891$1,921,727$281,583$3,109,581
12$5,525,407$2,000,358$292,847$3,232,203
13$5,746,423$2,082,134$304,560$3,359,729
14$5,976,280$2,167,181$316,743$3,492,356
15$6,215,331$2,255,630$329,413$3,630,289
16$6,463,945$2,347,617$342,589$3,773,739
17$6,722,502$2,443,283$356,293$3,922,927
18$6,991,402$2,542,776$370,544$4,078,082
19$7,271,059$2,646,249$385,366$4,239,444
20$7,561,901$2,753,861$400,781$4,407,260
21$7,864,377$2,865,777$416,812$4,581,788
22$8,178,952$2,982,169$433,484$4,763,298
23$8,506,110$3,103,218$450,824$4,952,068
24$8,846,354$3,229,108$468,857$5,148,389
25$9,200,209$3,360,034$487,611$5,352,563
26$9,568,217$3,496,198$507,115$5,564,904
27$9,950,946$3,637,807$527,400$5,785,738
28$10,348,983$3,785,081$548,496$6,015,406
29$10,762,943$3,938,246$570,436$6,254,261
30$11,193,461$4,097,538$593,253$6,502,669
Total$201,300,000$73,159,718$10,668,900$117,471,384

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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.