USA Mega

Arkansas Powerball Jackpot Annuity Payout Schedule for Jul 9, 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 $18,100,000 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:Sat, Jul 9, 2005
Jackpot:$18,100,000
Federal Tax:37% marginal rate
State Tax: 3.9%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$322,725$81,723$12,586$228,416
2$335,634$86,241$13,090$236,303
3$349,059$90,940$13,613$244,506
4$363,022$95,827$14,158$253,037
5$377,542$100,909$14,724$261,909
6$392,644$106,195$15,313$271,136
7$408,350$111,692$15,926$280,732
8$424,684$117,409$16,563$290,713
9$441,671$123,354$17,225$301,092
10$459,338$129,538$17,914$311,886
11$477,712$135,968$18,631$323,112
12$496,820$142,656$19,376$334,788
13$516,693$149,612$20,151$346,930
14$537,361$156,845$20,957$359,558
15$558,855$164,368$21,795$372,691
16$581,209$172,192$22,667$386,350
17$604,457$180,329$23,574$400,554
18$628,636$188,792$24,517$415,327
19$653,781$197,856$25,497$430,427
20$679,932$207,532$26,517$445,883
21$707,130$217,595$27,578$461,956
22$735,415$228,061$28,681$478,673
23$764,832$238,945$29,828$496,058
24$795,425$250,264$31,022$514,139
25$827,242$262,037$32,262$532,943
26$860,331$274,280$33,553$552,499
27$894,745$287,013$34,895$572,837
28$930,535$300,255$36,291$593,989
29$967,756$314,027$37,742$615,986
30$1,006,466$328,350$39,252$638,864
Total$18,100,000$5,440,805$705,898$11,953,294

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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.