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Arkansas Powerball Jackpot Annuity Payout Schedule for Nov 4, 2009

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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 $67,700,000 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:Wed, Nov 4, 2009
Jackpot:$67,700,000
Federal Tax:37% marginal rate
State Tax: 3.9%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$1,207,098$402,583$47,077$757,437
2$1,255,382$420,448$48,960$785,973
3$1,305,597$439,028$50,918$815,651
4$1,357,821$458,351$52,955$846,515
5$1,412,134$478,447$55,073$878,614
6$1,468,619$499,346$57,276$911,997
7$1,527,364$521,082$59,567$946,715
8$1,588,458$543,687$61,950$982,822
9$1,651,997$567,196$64,428$1,020,373
10$1,718,076$591,646$67,005$1,059,426
11$1,786,799$617,073$69,685$1,100,041
12$1,858,271$643,518$72,473$1,142,281
13$1,932,602$671,020$75,371$1,186,211
14$2,009,906$699,623$78,386$1,231,897
15$2,090,303$729,369$81,522$1,279,412
16$2,173,915$760,306$84,783$1,328,826
17$2,260,871$792,480$88,174$1,380,218
18$2,351,306$825,941$91,701$1,433,665
19$2,445,358$860,740$95,369$1,489,250
20$2,543,173$896,931$99,184$1,547,058
21$2,644,900$934,570$103,151$1,607,178
22$2,750,696$973,715$107,277$1,669,704
23$2,860,724$1,014,425$111,568$1,734,730
24$2,975,152$1,056,764$116,031$1,802,358
25$3,094,159$1,100,796$120,672$1,872,690
26$3,217,925$1,146,589$125,499$1,945,836
27$3,346,642$1,194,215$130,519$2,021,908
28$3,480,508$1,243,745$135,740$2,101,023
29$3,619,728$1,295,257$141,169$2,183,302
30$3,764,517$1,348,829$146,816$2,268,872
Total$67,700,000$23,727,720$2,640,299$41,331,983

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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.