USA Mega

Arkansas Powerball Jackpot Annuity Payout Schedule for May 19, 2001

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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 $43,900,000 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 19, 2001
Jackpot:$43,900,000
Federal Tax:37% marginal rate
State Tax: 3.7%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$782,741$245,572$28,961$508,208
2$814,051$257,156$30,120$526,775
3$846,613$269,204$31,325$546,084
4$880,478$281,734$32,578$566,166
5$915,697$294,765$33,881$587,051
6$952,325$308,317$35,236$608,771
7$990,418$322,412$36,645$631,360
8$1,030,034$337,070$38,111$654,853
9$1,071,236$352,314$39,636$679,285
10$1,114,085$368,169$41,221$704,695
11$1,158,648$384,657$42,870$731,121
12$1,204,994$401,805$44,585$758,604
13$1,253,194$419,639$46,368$787,187
14$1,303,322$438,186$48,223$816,913
15$1,355,455$457,476$50,152$847,827
16$1,409,673$477,536$52,158$879,979
17$1,466,060$498,399$54,244$913,416
18$1,524,702$520,097$56,414$948,191
19$1,585,690$542,663$58,671$984,357
20$1,649,118$566,131$61,017$1,021,970
21$1,715,083$590,538$63,458$1,061,087
22$1,783,686$615,921$65,996$1,101,769
23$1,855,033$642,320$68,636$1,144,078
24$1,929,235$669,774$71,382$1,188,079
25$2,006,404$698,327$74,237$1,233,840
26$2,086,660$728,022$77,206$1,281,432
27$2,170,127$758,904$80,295$1,330,928
28$2,256,932$791,022$83,506$1,382,403
29$2,347,209$824,425$86,847$1,435,938
30$2,441,097$859,163$90,321$1,491,614
Total$43,900,000$14,921,718$1,624,300$27,353,981

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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.