USA Mega

Arkansas Powerball Jackpot Annuity Payout Schedule for May 1, 2010

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 $46,600,000 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, May 1, 2010
Jackpot:$46,600,000
Federal Tax:37% marginal rate
State Tax: 3.7%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$830,883$263,384$30,743$536,756
2$864,118$275,681$31,972$556,465
3$898,683$288,470$33,251$576,962
4$934,630$301,770$34,581$598,278
5$972,015$315,603$35,965$620,448
6$1,010,896$329,989$37,403$643,504
7$1,051,332$344,950$38,899$667,482
8$1,093,385$360,510$40,455$692,420
9$1,137,120$376,692$42,073$718,355
10$1,182,605$393,521$43,756$745,328
11$1,229,909$411,024$45,507$773,379
12$1,279,106$429,226$47,327$802,552
13$1,330,270$448,157$49,220$832,893
14$1,383,481$467,845$51,189$864,447
15$1,438,820$488,321$53,236$897,263
16$1,496,373$509,615$55,366$931,392
17$1,556,228$531,761$57,580$966,886
18$1,618,477$554,794$59,884$1,003,799
19$1,683,216$578,747$62,279$1,042,190
20$1,750,544$603,659$64,770$1,082,116
21$1,820,566$629,567$67,361$1,123,638
22$1,893,389$656,511$70,055$1,166,822
23$1,969,124$684,533$72,858$1,211,733
24$2,047,889$713,676$75,772$1,258,441
25$2,129,805$743,985$78,803$1,307,017
26$2,214,997$775,506$81,955$1,357,536
27$2,303,597$808,288$85,233$1,410,076
28$2,395,741$842,381$88,642$1,464,717
29$2,491,570$877,838$92,188$1,521,544
30$2,591,233$914,714$95,876$1,580,644
Total$46,600,000$15,920,718$1,724,199$28,955,083

◄ 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.