USA Mega

Idaho Powerball Jackpot Annuity Payout Schedule for May 3, 2025

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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 $45,600,000 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, May 3, 2025
Jackpot:$45,600,000
Federal Tax:37% marginal rate
State Tax: 5.3%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$686,345$209,905$36,376$440,064
2$720,663$222,602$38,195$459,865
3$756,696$235,935$40,105$480,656
4$794,531$249,934$42,110$502,487
5$834,257$264,632$44,216$525,409
6$875,970$280,066$46,426$549,477
7$919,769$296,272$48,748$574,749
8$965,757$313,287$51,185$601,285
9$1,014,045$331,154$53,744$629,147
10$1,064,747$349,914$56,432$658,402
11$1,117,984$369,611$59,253$689,120
12$1,173,884$390,294$62,216$721,374
13$1,232,578$412,011$65,327$755,240
14$1,294,207$434,814$68,593$790,800
15$1,358,917$458,757$72,023$828,138
16$1,426,863$483,897$75,624$867,343
17$1,498,206$510,293$79,405$908,508
18$1,573,116$538,010$83,375$951,731
19$1,651,772$567,113$87,544$997,115
20$1,734,361$597,671$91,921$1,044,769
21$1,821,079$629,756$96,517$1,094,805
22$1,912,133$663,446$101,343$1,147,343
23$2,007,739$698,821$106,410$1,202,508
24$2,108,126$735,964$111,731$1,260,432
25$2,213,533$774,964$117,317$1,321,251
26$2,324,209$815,915$123,183$1,385,112
27$2,440,420$858,913$129,342$1,452,165
28$2,562,441$904,060$135,809$1,522,571
29$2,690,563$951,465$142,600$1,596,497
30$2,825,091$1,001,241$149,730$1,674,120
Total$45,600,000$15,550,717$2,416,800$27,632,483

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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.