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Arkansas Powerball Jackpot Annuity Payout Schedule for Mar 29, 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 $33,700,000 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:Wed, Mar 29, 2000
Jackpot:$33,700,000
Federal Tax:37% marginal rate
State Tax: 3.9%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$600,874$179,075$23,434$398,365
2$624,909$187,488$24,371$413,050
3$649,906$196,422$25,346$428,137
4$675,902$206,041$26,360$443,501
5$702,938$216,044$27,415$459,479
6$731,056$226,448$28,511$476,097
7$760,298$237,267$29,652$493,379
8$790,710$248,520$30,838$511,352
9$822,338$260,222$32,071$530,045
10$855,232$272,393$33,354$549,485
11$889,441$285,050$34,688$569,702
12$925,018$298,214$36,076$590,729
13$962,019$311,904$37,519$612,596
14$1,000,500$326,142$39,019$635,338
15$1,040,520$340,950$40,580$658,990
16$1,082,141$356,349$42,203$683,588
17$1,125,426$372,365$43,892$709,170
18$1,170,443$389,021$45,647$735,775
19$1,217,261$406,344$47,473$763,444
20$1,265,952$424,359$49,372$792,220
21$1,316,590$443,095$51,347$822,147
22$1,369,253$462,581$53,401$853,271
23$1,424,023$482,846$55,537$885,641
24$1,480,984$503,921$57,758$919,304
25$1,540,224$525,840$60,069$954,315
26$1,601,833$548,635$62,471$990,726
27$1,665,906$572,342$64,970$1,028,593
28$1,732,542$596,998$67,569$1,067,975
29$1,801,844$622,639$70,272$1,108,932
30$1,873,918$649,307$73,083$1,151,528
Total$33,700,000$11,148,822$1,314,298$21,236,874

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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.