USA Mega

Arkansas Powerball Jackpot Annuity Payout Schedule for May 20, 2000

Media: You may freely use any information on this page, but you must credit usamega.com.

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 $46,800,000 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, May 20, 2000
Jackpot:$46,800,000
Federal Tax:37% marginal rate
State Tax: 3.7%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$834,449$264,703$30,875$538,871
2$867,827$277,053$32,110$558,664
3$902,540$289,897$33,394$579,249
4$938,641$303,255$34,730$600,657
5$976,187$317,146$36,119$622,922
6$1,015,234$331,594$37,564$646,077
7$1,055,844$346,619$39,066$670,158
8$1,098,077$362,246$40,629$695,203
9$1,142,001$378,497$42,254$721,249
10$1,187,681$395,399$43,944$748,337
11$1,235,188$412,977$45,702$776,509
12$1,284,595$431,258$47,530$805,808
13$1,335,979$450,270$49,431$836,278
14$1,389,418$470,042$51,408$867,968
15$1,444,995$490,605$53,465$900,925
16$1,502,795$511,991$55,603$935,200
17$1,562,907$534,233$57,828$970,846
18$1,625,423$557,364$60,141$1,007,919
19$1,690,440$581,420$62,546$1,046,474
20$1,758,057$606,438$65,048$1,086,571
21$1,828,380$632,458$67,650$1,128,272
22$1,901,515$659,518$70,356$1,171,641
23$1,977,576$687,660$73,170$1,216,745
24$2,056,679$716,928$76,097$1,263,653
25$2,138,946$747,367$79,141$1,312,438
26$2,224,503$779,024$82,307$1,363,173
27$2,313,484$811,946$85,599$1,415,939
28$2,406,023$846,186$89,023$1,470,814
29$2,502,264$881,795$92,584$1,527,885
30$2,602,354$918,828$96,287$1,587,239
Total$46,800,000$15,994,717$1,731,601$29,073,684

◄ Back to Jackpot Analysis

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.