USA Mega

Arkansas Powerball Jackpot Annuity Payout Schedule for Dec 2, 2009

Media: You may freely use any information on this page, but you must credit usamega.com.

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 $30,500,000 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, Dec 2, 2009
Jackpot:$30,500,000
Federal Tax:37% marginal rate
State Tax: 3.7%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$543,818$159,106$20,121$364,591
2$565,571$166,719$20,926$377,926
3$588,194$174,637$21,763$391,793
4$611,721$182,872$22,634$406,216
5$636,190$191,436$23,539$421,215
6$661,638$200,763$24,481$436,394
7$688,103$210,555$25,460$452,088
8$715,627$220,739$26,478$468,410
9$744,253$231,331$27,537$485,384
10$774,023$242,346$28,639$503,038
11$804,984$253,801$29,784$521,398
12$837,183$265,715$30,976$540,492
13$870,670$278,105$32,215$560,350
14$905,497$290,991$33,503$581,002
15$941,717$304,392$34,844$602,481
16$979,386$318,330$36,237$624,818
17$1,018,561$332,825$37,687$648,049
18$1,059,303$347,900$39,194$672,210
19$1,101,676$363,577$40,762$697,336
20$1,145,743$379,882$42,392$723,468
21$1,191,572$396,839$44,088$750,645
22$1,239,235$414,474$45,852$778,909
23$1,288,805$432,815$47,686$808,304
24$1,340,357$451,889$49,593$838,874
25$1,393,971$471,727$51,577$870,668
26$1,449,730$492,357$53,640$903,733
27$1,507,719$513,813$55,786$938,120
28$1,568,028$536,128$58,017$973,883
29$1,630,749$559,334$60,338$1,011,077
30$1,695,979$583,469$62,751$1,049,758
Total$30,500,000$9,968,867$1,128,500$19,402,630

◄ Back to Jackpot Analysis

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.