USA Mega

Arkansas Powerball Jackpot Annuity Payout Schedule for Sep 26, 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 $202,100,000 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:Wed, Sep 26, 2012
Jackpot:$202,100,000
Federal Tax:37% marginal rate
State Tax: 3.9%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$3,603,463$1,289,239$140,535$2,173,689
2$3,747,602$1,342,570$146,156$2,258,875
3$3,897,506$1,398,034$152,003$2,347,469
4$4,053,406$1,455,717$158,083$2,439,606
5$4,215,542$1,515,708$164,406$2,535,428
6$4,384,164$1,578,098$170,982$2,635,084
7$4,559,530$1,642,983$177,822$2,738,725
8$4,741,912$1,710,465$184,935$2,846,512
9$4,931,588$1,780,645$192,332$2,958,611
10$5,128,852$1,853,632$200,025$3,075,194
11$5,334,006$1,929,539$208,026$3,196,440
12$5,547,366$2,008,483$216,347$3,322,536
13$5,769,260$2,090,584$225,001$3,453,676
14$6,000,031$2,175,969$234,001$3,590,061
15$6,240,032$2,264,769$243,361$3,731,902
16$6,489,633$2,357,122$253,096$3,879,416
17$6,749,219$2,453,168$263,220$4,032,831
18$7,019,187$2,553,057$273,748$4,192,383
19$7,299,955$2,656,941$284,698$4,358,316
20$7,591,953$2,764,980$296,086$4,530,887
21$7,895,631$2,877,341$307,930$4,710,361
22$8,211,457$2,994,196$320,247$4,897,014
23$8,539,915$3,115,726$333,057$5,091,132
24$8,881,511$3,242,116$346,379$5,293,016
25$9,236,772$3,373,563$360,234$5,502,975
26$9,606,243$3,510,267$374,643$5,721,332
27$9,990,492$3,652,439$389,629$5,948,424
28$10,390,112$3,800,299$405,214$6,184,599
29$10,805,717$3,954,072$421,423$6,430,221
30$11,237,945$4,113,997$438,280$6,685,668
Total$202,100,000$73,455,719$7,881,899$120,762,383

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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.