USA Mega

Arkansas Powerball Jackpot Annuity Payout Schedule for Jun 2, 2012

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The tax information provided here is based on 2025 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 $158,800,000 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, Jun 2, 2012
Jackpot:$158,800,000
Federal Tax:37% marginal rate
State Tax: 3.9%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$2,831,420$1,004,646$110,425$1,716,349
2$2,944,677$1,046,551$114,842$1,783,284
3$3,062,464$1,090,132$119,436$1,852,896
4$3,184,962$1,135,456$124,214$1,925,292
5$3,312,361$1,182,594$129,182$2,000,585
6$3,444,855$1,231,617$134,349$2,078,889
7$3,582,649$1,282,600$139,723$2,160,325
8$3,725,955$1,335,624$145,312$2,245,019
9$3,874,993$1,390,768$151,125$2,333,101
10$4,029,993$1,448,118$157,170$2,424,706
11$4,191,193$1,507,762$163,457$2,519,975
12$4,358,841$1,569,791$169,995$2,619,055
13$4,533,194$1,634,302$176,795$2,722,098
14$4,714,522$1,701,393$183,866$2,829,262
15$4,903,103$1,771,168$191,221$2,940,714
16$5,099,227$1,843,734$198,870$3,056,623
17$5,303,196$1,919,203$206,825$3,177,169
18$5,515,324$1,997,690$215,098$3,302,536
19$5,735,937$2,079,317$223,702$3,432,918
20$5,965,374$2,164,209$232,650$3,568,516
21$6,203,989$2,252,496$241,956$3,709,537
22$6,452,149$2,344,315$251,634$3,856,200
23$6,710,235$2,439,807$261,699$4,008,729
24$6,978,644$2,539,119$272,167$4,167,359
25$7,257,790$2,642,403$283,054$4,332,334
26$7,548,102$2,749,818$294,376$4,503,908
27$7,850,026$2,861,530$306,151$4,682,345
28$8,164,027$2,977,710$318,397$4,867,920
29$8,490,588$3,098,538$331,133$5,060,917
30$8,830,211$3,224,198$344,378$5,261,635
Total$158,800,000$57,466,609$6,193,202$95,140,196

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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.