USA Mega

Arkansas Powerball Jackpot Annuity Payout Schedule for Jul 9, 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 $36,100,000 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, Jul 9, 2011
Jackpot:$36,100,000
Federal Tax:37% marginal rate
State Tax: 3.7%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$643,667$194,114$23,816$425,737
2$669,413$203,640$24,768$441,005
3$696,190$213,547$25,759$456,883
4$724,037$223,851$26,789$473,397
5$752,999$234,567$27,861$490,571
6$783,119$245,711$28,975$508,432
7$814,444$257,301$30,134$527,008
8$847,021$269,355$31,340$546,326
9$880,902$281,891$32,593$566,418
10$916,138$294,928$33,897$587,313
11$952,784$308,487$35,253$609,044
12$990,895$322,588$36,663$631,644
13$1,030,531$337,254$38,130$655,148
14$1,071,752$352,506$39,655$679,592
15$1,114,622$368,367$41,241$705,014
16$1,159,207$384,864$42,891$731,453
17$1,205,575$402,020$44,606$758,949
18$1,253,798$419,863$46,391$787,545
19$1,303,950$438,419$48,246$817,285
20$1,356,108$457,717$50,176$848,215
21$1,410,353$477,788$52,183$880,382
22$1,466,767$498,661$54,270$913,835
23$1,525,438$520,369$56,441$948,627
24$1,586,455$542,946$58,699$984,811
25$1,649,913$566,425$61,047$1,022,441
26$1,715,910$590,844$63,489$1,061,577
27$1,784,546$616,239$66,028$1,102,279
28$1,855,928$642,651$68,669$1,144,608
29$1,930,165$670,118$71,416$1,188,631
30$2,007,372$698,685$74,273$1,234,414
Total$36,100,000$12,035,716$1,335,699$22,728,584

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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.