USA Mega

Arkansas Powerball Jackpot Annuity Payout Schedule for Mar 30, 2005

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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 $25,500,000 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 30, 2005
Jackpot:$25,500,000
Federal Tax:37% marginal rate
State Tax: 3.7%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$454,668$127,903$16,823$309,942
2$472,854$134,268$17,496$321,090
3$491,768$140,888$18,195$332,685
4$511,439$147,773$18,923$344,743
5$531,897$154,933$19,680$357,283
6$553,173$162,380$20,467$370,326
7$575,299$170,124$21,286$383,889
8$598,311$178,178$22,138$397,996
9$622,244$186,555$23,023$412,666
10$647,134$195,397$23,944$427,793
11$673,019$204,974$24,902$443,143
12$699,940$214,935$25,898$459,107
13$727,937$225,294$26,934$475,710
14$757,055$236,068$28,011$492,976
15$787,337$247,272$29,131$510,934
16$818,831$258,925$30,297$529,609
17$851,584$271,043$31,509$549,032
18$885,647$283,647$32,769$569,231
19$921,073$296,754$34,080$590,239
20$957,916$310,386$35,443$612,087
21$996,233$324,563$36,861$634,809
22$1,036,082$339,308$38,335$658,439
23$1,077,525$354,642$39,868$683,015
24$1,120,626$370,589$41,463$708,574
25$1,165,451$387,174$43,122$735,155
26$1,212,069$404,423$44,847$762,800
27$1,260,552$422,361$46,640$791,550
28$1,310,974$441,018$48,506$821,450
29$1,363,413$460,420$50,446$852,547
30$1,417,950$480,599$52,464$884,887
Total$25,500,000$8,132,794$943,501$16,423,707

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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.