USA Mega

Arkansas Powerball Jackpot Annuity Payout Schedule for Jan 7, 2012

Media: You may freely use any information on this page, but you must credit usamega.com.

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 $43,500,000 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, Jan 7, 2012
Jackpot:$43,500,000
Federal Tax:37% marginal rate
State Tax: 4.4%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$775,609$245,163$34,127$496,319
2$806,634$256,642$35,492$514,500
3$838,899$268,580$36,912$533,407
4$872,455$280,996$38,388$553,071
5$907,353$293,908$39,924$573,521
6$943,647$307,337$41,520$594,790
7$981,393$321,303$43,181$616,909
8$1,020,649$335,828$44,909$639,913
9$1,061,475$350,933$46,705$663,837
10$1,103,934$366,643$48,573$688,718
11$1,148,091$382,982$50,516$714,594
12$1,194,015$399,973$52,537$741,505
13$1,241,775$417,645$54,638$769,493
14$1,291,447$436,023$56,824$798,600
15$1,343,104$455,136$59,097$828,871
16$1,396,829$475,014$61,460$860,354
17$1,452,702$495,687$63,919$893,095
18$1,510,810$517,187$66,476$927,147
19$1,571,242$539,547$69,135$962,560
20$1,634,092$562,802$71,900$999,390
21$1,699,456$586,986$74,776$1,037,693
22$1,767,434$612,138$77,767$1,077,528
23$1,838,131$638,296$80,878$1,118,957
24$1,911,656$665,501$84,113$1,162,043
25$1,988,123$693,793$87,477$1,206,852
26$2,067,647$723,217$90,976$1,253,454
27$2,150,353$753,819$94,616$1,301,919
28$2,236,368$785,644$98,400$1,352,324
29$2,325,822$818,742$102,336$1,404,744
30$2,418,855$853,164$106,430$1,459,261
Total$43,500,000$14,840,629$1,914,002$26,745,369

◄ Back to Jackpot Analysis

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.