USA Mega

Arkansas Powerball Jackpot Annuity Payout Schedule for Apr 18, 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 $32,100,000 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 18, 2009
Jackpot:$32,100,000
Federal Tax:37% marginal rate
State Tax: 3.7%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$572,346$169,090$21,177$382,079
2$595,240$177,103$22,024$396,113
3$619,050$185,437$22,905$410,708
4$643,812$194,168$23,821$425,823
5$669,564$203,696$24,774$441,094
6$696,347$213,606$25,765$456,976
7$724,201$223,911$26,795$473,494
8$753,169$234,630$27,867$490,672
9$783,295$245,777$28,982$508,537
10$814,627$257,369$30,141$527,117
11$847,212$269,426$31,347$546,440
12$881,101$281,964$32,601$566,535
13$916,345$295,005$33,905$587,435
14$952,998$308,567$35,261$609,171
15$991,118$322,671$36,671$631,776
16$1,030,763$337,340$38,138$655,285
17$1,071,994$352,595$39,664$679,735
18$1,114,873$368,460$41,250$705,163
19$1,159,468$384,961$42,900$731,607
20$1,205,847$402,121$44,616$759,110
21$1,254,081$419,967$46,401$787,713
22$1,304,244$438,528$48,257$817,460
23$1,356,414$457,830$50,187$848,396
24$1,410,671$477,905$52,195$880,570
25$1,467,097$498,783$54,283$914,031
26$1,525,781$520,496$56,454$948,831
27$1,586,812$543,078$58,712$985,023
28$1,650,285$566,563$61,061$1,022,662
29$1,716,296$590,987$63,503$1,061,807
30$1,784,948$616,388$66,043$1,102,517
Total$32,100,000$10,558,422$1,187,700$20,353,880

◄ 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.