USA Mega

Arkansas Powerball Jackpot Annuity Payout Schedule for Jul 20, 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 $76,300,000 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:Wed, Jul 20, 2011
Jackpot:$76,300,000
Federal Tax:37% marginal rate
State Tax: 3.9%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$1,360,437$459,319$53,057$848,061
2$1,414,854$479,453$55,179$880,221
3$1,471,448$500,393$57,386$913,669
4$1,530,306$522,171$59,682$948,454
5$1,591,518$544,819$62,069$984,630
6$1,655,179$568,374$64,552$1,022,254
7$1,721,386$592,870$67,134$1,061,382
8$1,790,242$618,347$69,819$1,102,076
9$1,861,851$644,842$72,612$1,144,397
10$1,936,325$672,398$75,517$1,188,411
11$2,013,778$701,055$78,537$1,234,186
12$2,094,330$730,859$81,679$1,281,792
13$2,178,103$761,855$84,946$1,331,301
14$2,265,227$794,091$88,344$1,382,792
15$2,355,836$827,617$91,878$1,436,342
16$2,450,069$862,483$95,553$1,492,034
17$2,548,072$898,744$99,375$1,549,953
18$2,649,995$936,455$103,350$1,610,190
19$2,755,995$975,675$107,484$1,672,836
20$2,866,235$1,016,464$111,783$1,737,987
21$2,980,884$1,058,884$116,254$1,805,745
22$3,100,119$1,103,001$120,905$1,876,213
23$3,224,124$1,148,883$125,741$1,949,500
24$3,353,089$1,196,600$130,770$2,025,718
25$3,487,213$1,246,226$136,001$2,104,985
26$3,626,701$1,297,837$141,441$2,187,423
27$3,771,769$1,351,512$147,099$2,273,158
28$3,922,640$1,407,334$152,983$2,362,323
29$4,079,546$1,465,389$159,102$2,455,054
30$4,242,727$1,525,766$165,466$2,551,495
Total$76,300,000$26,909,716$2,975,698$46,414,582

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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.