USA Mega

Arkansas Powerball Jackpot Annuity Payout Schedule for Oct 29, 2011

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The tax information provided here is based on 2024 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 $209,200,000 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, Oct 29, 2011
Jackpot:$209,200,000
Federal Tax:37% marginal rate
State Tax: 4.4%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$3,730,057$1,338,309$164,122$2,227,625
2$3,879,259$1,393,514$170,687$2,315,058
3$4,034,429$1,450,927$177,515$2,405,988
4$4,195,807$1,510,636$184,615$2,500,555
5$4,363,639$1,572,734$192,000$2,598,905
6$4,538,184$1,637,316$199,680$2,701,188
7$4,719,712$1,704,481$207,667$2,807,563
8$4,908,500$1,774,333$215,974$2,918,193
9$5,104,840$1,846,979$224,613$3,033,249
10$5,309,034$1,922,530$233,597$3,152,906
11$5,521,395$2,001,104$242,941$3,277,350
12$5,742,251$2,082,821$252,659$3,406,771
13$5,971,941$2,167,806$262,765$3,541,370
14$6,210,819$2,256,191$273,276$3,681,352
15$6,459,251$2,348,111$284,207$3,826,934
16$6,717,621$2,443,708$295,575$3,978,338
17$6,986,326$2,543,128$307,398$4,135,799
18$7,265,779$2,646,526$319,694$4,299,559
19$7,556,411$2,754,060$332,482$4,469,869
20$7,858,667$2,865,895$345,781$4,646,991
21$8,173,014$2,982,203$359,613$4,831,198
22$8,499,934$3,103,163$373,997$5,022,774
23$8,839,932$3,228,962$388,957$5,222,012
24$9,193,529$3,359,793$404,515$5,429,220
25$9,561,270$3,495,858$420,696$5,644,716
26$9,943,721$3,637,364$437,524$5,868,833
27$10,341,470$3,784,532$455,025$6,101,913
28$10,755,128$3,937,585$473,226$6,344,317
29$11,185,334$4,096,761$492,155$6,596,418
30$11,632,747$4,262,304$511,841$6,858,602
Total$209,200,000$76,149,634$9,204,797$123,845,566

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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.