USA Mega

Arkansas Powerball Jackpot Annuity Payout Schedule for Apr 16, 2011

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The tax information provided here is based on 2025 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 $42,300,000 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 16, 2011
Jackpot:$42,300,000
Federal Tax:37% marginal rate
State Tax: 3.9%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$754,213$236,079$29,414$488,720
2$784,382$247,241$30,591$506,549
3$815,757$258,850$31,815$525,092
4$848,387$270,924$33,087$544,377
5$882,323$283,480$34,411$564,433
6$917,616$296,538$35,787$585,291
7$954,320$310,119$37,218$606,983
8$992,493$324,243$38,707$629,543
9$1,032,193$338,932$40,256$653,006
10$1,073,481$354,208$41,866$677,407
11$1,116,420$370,096$43,540$702,784
12$1,161,077$386,619$45,282$729,176
13$1,207,520$403,803$47,093$756,624
14$1,255,820$421,674$48,977$785,170
15$1,306,053$440,260$50,936$814,857
16$1,358,295$459,590$52,974$845,732
17$1,412,627$479,692$55,092$877,842
18$1,469,132$500,599$57,296$911,237
19$1,527,898$522,342$59,588$945,967
20$1,589,013$544,955$61,972$982,087
21$1,652,574$568,473$64,450$1,019,651
22$1,718,677$592,931$67,028$1,058,718
23$1,787,424$618,367$69,710$1,099,347
24$1,858,921$644,821$72,498$1,141,602
25$1,933,278$672,333$75,398$1,185,547
26$2,010,609$700,946$78,414$1,231,250
27$2,091,033$730,703$81,550$1,278,780
28$2,174,675$761,650$84,812$1,328,212
29$2,261,662$793,835$88,205$1,379,622
30$2,352,128$827,308$91,733$1,433,087
Total$42,300,000$14,361,611$1,649,700$26,288,693

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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.