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Arkansas Powerball Jackpot Annuity Payout Schedule for May 7, 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 $51,100,000 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 7, 2011
Jackpot:$51,100,000
Federal Tax:37% marginal rate
State Tax: 3.9%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$911,118$295,301$35,534$580,283
2$947,563$308,786$36,955$601,822
3$985,465$322,810$38,433$624,222
4$1,024,884$337,395$39,970$647,519
5$1,065,879$352,563$41,569$671,747
6$1,108,514$368,338$43,232$696,944
7$1,152,855$384,744$44,961$723,150
8$1,198,969$401,806$46,760$750,403
9$1,246,928$419,551$48,630$778,747
10$1,296,805$438,006$50,575$808,224
11$1,348,677$457,198$52,598$838,881
12$1,402,624$477,159$54,702$870,763
13$1,458,729$497,918$56,890$903,921
14$1,517,079$519,507$59,166$938,406
15$1,577,762$541,960$61,533$974,269
16$1,640,872$565,310$63,994$1,011,568
17$1,706,507$589,595$66,554$1,050,358
18$1,774,767$614,852$69,216$1,090,700
19$1,845,758$641,118$71,985$1,132,655
20$1,919,588$668,435$74,864$1,176,289
21$1,996,372$696,845$77,859$1,221,668
22$2,076,227$726,392$80,973$1,268,862
23$2,159,276$757,120$84,212$1,317,944
24$2,245,647$789,077$87,580$1,368,990
25$2,335,473$822,313$91,083$1,422,077
26$2,428,892$856,878$94,727$1,477,287
27$2,526,047$892,825$98,516$1,534,706
28$2,627,089$930,211$102,456$1,594,422
29$2,732,173$969,092$106,555$1,656,526
30$2,841,460$1,009,528$110,817$1,721,115
Total$51,100,000$17,652,633$1,992,899$31,454,468

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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.