USA Mega

Arkansas Powerball Jackpot Annuity Payout Schedule for Mar 27, 2002

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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 $48,100,000 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 27, 2002
Jackpot:$48,100,000
Federal Tax:37% marginal rate
State Tax: 3.9%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$857,628$273,280$33,447$550,901
2$891,933$285,972$34,785$571,175
3$927,610$299,173$36,177$592,260
4$964,715$312,902$37,624$614,189
5$1,003,303$327,179$39,129$636,995
6$1,043,435$342,028$40,694$660,713
7$1,085,173$357,471$42,322$685,380
8$1,128,580$373,532$44,015$711,033
9$1,173,723$390,235$45,775$737,713
10$1,220,672$407,606$47,606$765,460
11$1,269,499$425,672$49,510$794,316
12$1,320,279$444,460$51,491$824,327
13$1,373,090$464,000$53,550$855,539
14$1,428,013$484,322$55,693$887,999
15$1,485,134$505,457$57,920$921,757
16$1,544,539$527,437$60,237$956,865
17$1,606,321$550,296$62,647$993,378
18$1,670,574$574,069$65,152$1,031,352
19$1,737,396$598,794$67,758$1,070,844
20$1,806,892$624,507$70,469$1,111,916
21$1,879,168$651,249$73,288$1,154,631
22$1,954,335$679,061$76,219$1,199,055
23$2,032,508$707,985$79,268$1,245,255
24$2,113,808$738,066$82,439$1,293,304
25$2,198,361$769,351$85,736$1,343,274
26$2,286,295$801,886$89,166$1,395,243
27$2,377,747$835,724$92,732$1,449,291
28$2,472,857$870,914$96,441$1,505,501
29$2,571,771$907,513$100,299$1,563,960
30$2,674,642$945,575$104,311$1,624,756
Total$48,100,000$16,475,716$1,875,900$29,748,382

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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.