USA Mega

Arkansas Powerball Jackpot Annuity Payout Schedule for Jun 8, 2005

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The tax information provided here is based on 2025 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 $20,100,000 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, Jun 8, 2005
Jackpot:$20,100,000
Federal Tax:37% marginal rate
State Tax: 3.9%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$358,385$94,982$13,977$249,426
2$372,720$99,999$14,536$258,185
3$387,629$105,217$15,118$267,294
4$403,134$110,644$15,722$276,768
5$419,260$116,288$16,351$286,620
6$436,030$122,158$17,005$296,867
7$453,471$128,262$17,685$307,524
8$471,610$134,611$18,393$318,607
9$490,475$141,213$19,129$330,133
10$510,094$148,080$19,894$342,120
11$530,497$155,221$20,689$354,587
12$551,717$162,648$21,517$367,552
13$573,786$170,372$22,378$381,036
14$596,737$178,405$23,273$395,059
15$620,607$186,760$24,204$409,644
16$645,431$195,830$25,172$424,430
17$671,248$205,382$26,179$439,688
18$698,098$215,317$27,226$455,556
19$726,022$225,648$28,315$472,059
20$755,063$236,394$29,447$489,222
21$785,266$247,569$30,625$507,072
22$816,676$259,190$31,850$525,635
23$849,343$271,277$33,124$544,942
24$883,317$283,848$34,449$565,020
25$918,650$296,921$35,827$585,902
26$955,396$310,517$37,260$607,619
27$993,612$324,657$38,751$630,204
28$1,033,356$339,362$40,301$653,693
29$1,074,690$354,656$41,913$678,122
30$1,117,678$370,561$43,589$703,527
Total$20,100,000$6,191,989$783,899$13,124,113

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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.