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Arkansas Powerball Jackpot Annuity Payout Schedule for Mar 30, 2011

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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 $153,700,000 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:Wed, Mar 30, 2011
Jackpot:$153,700,000
Federal Tax:37% marginal rate
State Tax: 3.9%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$2,740,486$969,937$106,879$1,663,670
2$2,850,106$1,010,496$111,154$1,728,455
3$2,964,110$1,052,678$115,600$1,795,832
4$3,082,674$1,096,547$120,224$1,865,903
5$3,205,981$1,142,170$125,033$1,938,778
6$3,334,221$1,189,619$130,035$2,014,567
7$3,467,589$1,238,965$135,236$2,093,388
8$3,606,293$1,290,286$140,645$2,175,362
9$3,750,545$1,343,659$146,271$2,260,615
10$3,900,566$1,399,167$152,122$2,349,278
11$4,056,589$1,456,895$158,207$2,441,487
12$4,218,853$1,516,933$164,535$2,537,385
13$4,387,607$1,579,372$171,117$2,637,118
14$4,563,111$1,644,308$177,961$2,740,841
15$4,745,635$1,711,842$185,080$2,848,713
16$4,935,461$1,782,078$192,483$2,960,900
17$5,132,879$1,855,123$200,182$3,077,574
18$5,338,194$1,931,089$208,190$3,198,916
19$5,551,722$2,010,094$216,517$3,325,111
20$5,773,791$2,092,260$225,178$3,456,353
21$6,004,743$2,177,712$234,185$3,592,846
22$6,244,933$2,266,582$243,552$3,734,798
23$6,494,730$2,359,007$253,294$3,882,428
24$6,754,519$2,455,129$263,426$4,035,963
25$7,024,700$2,555,096$273,963$4,195,640
26$7,305,688$2,659,062$284,922$4,361,704
27$7,597,915$2,767,186$296,319$4,534,411
28$7,901,832$2,879,635$308,171$4,714,025
29$8,217,905$2,996,582$320,498$4,900,825
30$8,546,621$3,118,207$333,318$5,095,096
Total$153,700,000$55,547,716$5,994,297$92,157,982

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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.