USA Mega

Arkansas Powerball Jackpot Annuity Payout Schedule for May 4, 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 $36,900,000 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, May 4, 2011
Jackpot:$36,900,000
Federal Tax:37% marginal rate
State Tax: 3.9%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$657,931$199,392$25,659$432,880
2$684,248$209,129$26,686$448,433
3$711,618$219,256$27,753$464,609
4$740,083$229,788$28,863$481,432
5$769,686$240,741$30,018$498,927
6$800,473$252,132$31,218$517,122
7$832,492$263,979$32,467$536,046
8$865,792$276,300$33,766$555,726
9$900,424$289,114$35,117$576,193
10$936,440$302,440$36,521$597,479
11$973,898$316,300$37,982$619,617
12$1,012,854$330,713$39,501$642,639
13$1,053,368$345,703$41,081$666,583
14$1,095,503$361,293$42,725$691,485
15$1,139,323$377,507$44,434$717,383
16$1,184,896$394,369$46,211$744,316
17$1,232,292$411,905$48,059$772,327
18$1,281,583$430,143$49,982$801,459
19$1,332,847$449,111$51,981$831,755
20$1,386,161$468,837$54,060$863,264
21$1,441,607$489,352$56,223$896,033
22$1,499,271$510,688$58,472$930,112
23$1,559,242$532,877$60,810$965,555
24$1,621,612$555,954$63,243$1,002,415
25$1,686,476$579,954$65,773$1,040,750
26$1,753,935$604,913$68,403$1,080,619
27$1,824,093$630,872$71,140$1,122,082
28$1,897,057$657,868$73,985$1,165,203
29$1,972,939$685,945$76,945$1,210,050
30$2,051,856$715,144$80,022$1,256,690
Total$36,900,000$12,331,719$1,439,100$23,129,184

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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.