USA Mega

Arkansas Powerball Jackpot Annuity Payout Schedule for Feb 6, 2013

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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 $217,200,000 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, Feb 6, 2013
Jackpot:$217,200,000
Federal Tax:37% marginal rate
State Tax: 3.9%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$3,872,698$1,388,855$151,035$2,332,807
2$4,027,605$1,446,171$157,077$2,424,358
3$4,188,710$1,505,780$163,360$2,519,570
4$4,356,258$1,567,773$169,894$2,618,591
5$4,530,508$1,632,245$176,690$2,721,573
6$4,711,729$1,699,297$183,757$2,828,674
7$4,900,198$1,769,030$191,108$2,940,060
8$5,096,206$1,841,553$198,752$3,055,900
9$5,300,054$1,916,977$206,702$3,176,375
10$5,512,056$1,995,418$214,970$3,301,668
11$5,732,538$2,076,996$223,569$3,431,973
12$5,961,840$2,161,838$232,512$3,567,490
13$6,200,314$2,250,073$241,812$3,708,428
14$6,448,326$2,341,838$251,485$3,855,003
15$6,706,259$2,437,273$261,544$4,007,442
16$6,974,509$2,536,526$272,006$4,165,978
17$7,253,490$2,639,748$282,886$4,330,855
18$7,543,629$2,747,100$294,202$4,502,328
19$7,845,375$2,858,746$305,970$4,680,659
20$8,159,190$2,974,857$318,208$4,866,124
21$8,485,557$3,095,613$330,937$5,059,007
22$8,824,979$3,221,200$344,174$5,259,606
23$9,177,979$3,351,809$357,941$5,468,228
24$9,545,098$3,487,643$372,259$5,685,196
25$9,926,902$3,628,911$387,149$5,910,842
26$10,323,978$3,775,829$402,635$6,145,514
27$10,736,937$3,928,624$418,741$6,389,572
28$11,166,414$4,087,531$435,490$6,643,394
29$11,613,071$4,252,793$452,910$6,907,368
30$12,077,594$4,424,667$471,026$7,181,901
Total$217,200,000$79,042,714$8,470,801$129,686,484

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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.