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Arkansas Powerball Jackpot Annuity Payout Schedule for Jan 11, 2012

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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 $54,400,000 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, Jan 11, 2012
Jackpot:$54,400,000
Federal Tax:37% marginal rate
State Tax: 3.9%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$969,957$314,841$37,828$617,288
2$1,008,756$329,197$39,341$640,217
3$1,049,106$344,126$40,915$664,064
4$1,091,070$359,653$42,552$688,865
5$1,134,713$375,801$44,254$714,658
6$1,180,101$392,595$46,024$741,483
7$1,227,306$410,060$47,865$769,380
8$1,276,398$428,224$49,780$798,394
9$1,327,454$447,115$51,771$828,568
10$1,380,552$466,761$53,842$859,949
11$1,435,774$487,194$55,995$892,585
12$1,493,205$508,443$58,235$926,527
13$1,552,933$530,542$60,564$961,826
14$1,615,050$553,526$62,987$998,538
15$1,679,652$577,429$65,506$1,036,717
16$1,746,838$602,287$68,127$1,076,424
17$1,816,712$628,141$70,852$1,117,720
18$1,889,380$655,028$73,686$1,160,667
19$1,964,956$682,991$76,633$1,205,332
20$2,043,554$712,072$79,699$1,251,783
21$2,125,296$742,317$82,887$1,300,093
22$2,210,308$773,771$86,202$1,350,335
23$2,298,720$806,484$89,650$1,402,586
24$2,390,669$840,505$93,236$1,456,928
25$2,486,296$875,887$96,966$1,513,444
26$2,585,748$912,684$100,844$1,572,220
27$2,689,178$950,953$104,878$1,633,347
28$2,796,745$990,753$109,073$1,696,919
29$2,908,614$1,032,145$113,436$1,763,034
30$3,024,959$1,075,192$117,973$1,831,794
Total$54,400,000$18,806,717$2,121,601$33,471,685

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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.