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Arkansas Powerball Jackpot Annuity Payout Schedule for Nov 11, 2000

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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 $60,300,000 for a ticket purchased in Arkansas, 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:

Arkansas

Drawing Date:Sat, Nov 11, 2000
Jackpot:$60,300,000
Federal Tax:37% marginal rate
State Tax: 3.7%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$1,075,155$353,765$39,781$681,610
2$1,118,161$369,677$41,372$707,112
3$1,162,888$386,226$43,027$733,635
4$1,209,403$403,436$44,748$761,219
5$1,257,779$421,336$46,538$789,906
6$1,308,090$439,951$48,399$819,740
7$1,360,414$459,310$50,335$850,768
8$1,414,831$479,445$52,349$883,037
9$1,471,424$500,384$54,443$916,597
10$1,530,281$522,161$56,620$951,499
11$1,591,492$544,809$58,885$987,798
12$1,655,152$568,363$61,241$1,025,548
13$1,721,358$592,860$63,690$1,064,808
14$1,790,212$618,336$66,238$1,105,639
15$1,861,821$644,831$68,887$1,148,102
16$1,936,293$672,386$71,643$1,192,265
17$2,013,745$701,043$74,509$1,238,194
18$2,094,295$730,846$77,489$1,285,960
19$2,178,067$761,842$80,588$1,335,636
20$2,265,189$794,077$83,812$1,387,300
21$2,355,797$827,602$87,164$1,441,030
22$2,450,029$862,468$90,651$1,496,910
23$2,548,030$898,728$94,277$1,555,025
24$2,649,951$936,439$98,048$1,615,464
25$2,755,949$975,658$101,970$1,678,321
26$2,866,187$1,016,447$106,049$1,743,692
27$2,980,835$1,058,866$110,291$1,811,678
28$3,100,068$1,102,982$114,703$1,882,383
29$3,224,071$1,148,863$119,291$1,955,917
30$3,353,034$1,196,580$124,062$2,032,392
Total$60,300,000$20,989,717$2,231,100$37,079,185

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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.