USA Mega

Arkansas Powerball Jackpot Annuity Payout Schedule for Feb 14, 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 $92,700,000 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, Feb 14, 2009
Jackpot:$92,700,000
Federal Tax:37% marginal rate
State Tax: 3.9%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$1,652,850$567,512$64,461$1,020,877
2$1,718,964$591,974$67,040$1,059,951
3$1,787,723$617,415$69,721$1,100,587
4$1,859,232$643,873$72,510$1,142,849
5$1,933,601$671,390$75,410$1,186,801
6$2,010,945$700,007$78,427$1,232,511
7$2,091,383$729,769$81,564$1,280,050
8$2,175,038$760,721$84,826$1,329,490
9$2,262,040$792,912$88,220$1,380,908
10$2,352,521$826,390$91,748$1,434,383
11$2,446,622$861,207$95,418$1,489,996
12$2,544,487$897,417$99,235$1,547,835
13$2,646,266$935,076$103,204$1,607,986
14$2,752,117$974,241$107,333$1,670,544
15$2,862,202$1,014,972$111,626$1,735,604
16$2,976,690$1,057,332$116,091$1,803,266
17$3,095,757$1,101,387$120,735$1,873,635
18$3,219,588$1,147,205$125,564$1,946,819
19$3,348,371$1,194,855$130,586$2,022,930
20$3,482,306$1,244,410$135,810$2,102,086
21$3,621,598$1,295,949$141,242$2,184,407
22$3,766,462$1,349,548$146,892$2,270,022
23$3,917,121$1,405,292$152,768$2,359,061
24$4,073,806$1,463,265$158,878$2,451,662
25$4,236,758$1,523,558$165,234$2,547,967
26$4,406,228$1,586,262$171,843$2,648,124
27$4,582,477$1,651,474$178,717$2,752,287
28$4,765,776$1,719,294$185,865$2,860,617
29$4,956,407$1,789,828$193,300$2,973,279
30$5,154,664$1,863,183$201,032$3,090,449
Total$92,700,000$32,977,718$3,615,300$56,106,983

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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.