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Arkansas Powerball Jackpot Annuity Payout Schedule for Apr 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 $154,700,000 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, Apr 1, 2006
Jackpot:$154,700,000
Federal Tax:37% marginal rate
State Tax: 3.7%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$2,758,316$976,534$102,058$1,679,724
2$2,868,649$1,017,357$106,140$1,745,152
3$2,983,395$1,059,813$110,386$1,813,196
4$3,102,731$1,103,968$114,801$1,883,962
5$3,226,840$1,149,888$119,393$1,957,559
6$3,355,914$1,197,645$124,169$2,034,100
7$3,490,150$1,247,313$129,136$2,113,702
8$3,629,756$1,298,967$134,301$2,196,488
9$3,774,946$1,352,687$139,673$2,282,586
10$3,925,944$1,408,557$145,260$2,372,128
11$4,082,982$1,466,661$151,070$2,465,251
12$4,246,301$1,527,089$157,113$2,562,099
13$4,416,153$1,589,934$163,398$2,662,822
14$4,592,799$1,655,293$169,934$2,767,573
15$4,776,511$1,723,266$176,731$2,876,514
16$4,967,572$1,793,959$183,800$2,989,813
17$5,166,275$1,867,479$191,152$3,107,644
18$5,372,926$1,943,940$198,798$3,230,188
19$5,587,843$2,023,459$206,750$3,357,634
20$5,811,356$2,106,159$215,020$3,490,177
21$6,043,811$2,192,167$223,621$3,628,023
22$6,285,563$2,281,616$232,566$3,771,382
23$6,536,986$2,374,642$241,868$3,920,475
24$6,798,465$2,471,389$251,543$4,075,533
25$7,070,404$2,572,007$261,605$4,236,792
26$7,353,220$2,676,649$272,069$4,404,502
27$7,647,349$2,785,476$282,952$4,578,921
28$7,953,243$2,898,657$294,270$4,760,316
29$8,271,372$3,016,365$306,041$4,948,967
30$8,602,227$3,138,781$318,282$5,145,164
Total$154,700,000$55,917,717$5,723,900$93,058,387

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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.