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Arkansas Powerball Jackpot Annuity Payout Schedule for Feb 1, 2006

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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 $157,400,000 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, Feb 1, 2006
Jackpot:$157,400,000
Federal Tax:37% marginal rate
State Tax: 3.9%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$2,806,458$994,347$109,452$1,702,659
2$2,918,716$1,035,882$113,830$1,769,004
3$3,035,465$1,079,079$118,383$1,838,002
4$3,156,883$1,124,004$123,118$1,909,761
5$3,283,158$1,170,726$128,043$1,984,389
6$3,414,485$1,219,317$133,165$2,062,003
7$3,551,064$1,269,851$138,492$2,142,722
8$3,693,107$1,322,407$144,031$2,226,669
9$3,840,831$1,377,065$149,792$2,313,974
10$3,994,464$1,433,909$155,784$2,404,771
11$4,154,243$1,493,027$162,015$2,499,200
12$4,320,413$1,554,510$168,496$2,597,407
13$4,493,229$1,618,452$175,236$2,699,541
14$4,672,958$1,684,952$182,245$2,805,761
15$4,859,877$1,754,112$189,535$2,916,230
16$5,054,272$1,826,038$197,117$3,031,117
17$5,256,442$1,900,841$205,001$3,150,600
18$5,466,700$1,978,636$213,201$3,274,863
19$5,685,368$2,059,543$221,729$3,404,095
20$5,912,783$2,143,687$230,599$3,538,497
21$6,149,294$2,231,196$239,822$3,678,276
22$6,395,266$2,322,206$249,415$3,823,645
23$6,651,077$2,416,856$259,392$3,974,829
24$6,917,120$2,515,292$269,768$4,132,060
25$7,193,804$2,617,665$280,558$4,295,581
26$7,481,557$2,724,133$291,781$4,465,643
27$7,780,819$2,834,860$303,452$4,642,507
28$8,092,052$2,950,016$315,590$4,826,445
29$8,415,734$3,069,779$328,214$5,017,741
30$8,752,363$3,194,332$341,342$5,216,689
Total$157,400,000$56,916,720$6,138,598$94,344,681

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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.