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Arkansas Powerball Jackpot Annuity Payout Schedule for Feb 20, 2010

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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 $61,600,000 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 20, 2010
Jackpot:$61,600,000
Federal Tax:37% marginal rate
State Tax: 3.7%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$1,098,334$362,341$40,638$695,355
2$1,142,267$378,596$42,264$721,407
3$1,187,958$395,502$43,954$748,502
4$1,235,476$413,084$45,713$776,680
5$1,284,896$431,369$47,541$805,986
6$1,336,291$450,385$49,443$836,464
7$1,389,743$470,162$51,420$868,160
8$1,445,333$490,730$53,477$901,125
9$1,503,146$512,121$55,616$935,408
10$1,563,272$534,368$57,841$971,063
11$1,625,803$557,504$60,155$1,008,144
12$1,690,835$581,566$62,561$1,046,708
13$1,758,468$606,591$65,063$1,086,814
14$1,828,807$632,616$67,666$1,128,525
15$1,901,959$659,682$70,372$1,171,905
16$1,978,038$687,831$73,187$1,217,019
17$2,057,159$717,106$76,115$1,263,938
18$2,139,446$747,552$79,159$1,312,734
19$2,225,023$779,216$82,326$1,363,482
20$2,314,024$812,146$85,619$1,416,259
21$2,406,585$846,394$89,044$1,471,148
22$2,502,849$882,011$92,605$1,528,232
23$2,602,963$919,053$96,310$1,587,600
24$2,707,081$957,577$100,162$1,649,342
25$2,815,364$997,642$104,168$1,713,554
26$2,927,979$1,039,309$108,335$1,780,334
27$3,045,098$1,082,644$112,669$1,849,786
28$3,166,902$1,127,711$117,175$1,922,016
29$3,293,578$1,174,581$121,862$1,997,135
30$3,425,321$1,223,326$126,737$2,075,258
Total$61,600,000$21,470,716$2,279,197$37,850,083

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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.