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Arkansas Powerball Jackpot Annuity Payout Schedule for Mar 13, 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 $183,000,000 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, Mar 13, 2013
Jackpot:$183,000,000
Federal Tax:37% marginal rate
State Tax: 3.7%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$3,262,908$1,163,233$120,728$1,978,947
2$3,393,424$1,211,524$125,557$2,056,343
3$3,529,161$1,261,747$130,579$2,136,835
4$3,670,328$1,313,979$135,802$2,220,547
5$3,817,141$1,368,299$141,234$2,307,607
6$3,969,827$1,424,793$146,884$2,398,150
7$4,128,620$1,483,547$152,759$2,492,314
8$4,293,765$1,544,650$158,869$2,590,245
9$4,465,515$1,608,198$165,224$2,692,093
10$4,644,136$1,674,287$171,833$2,798,015
11$4,829,901$1,743,021$178,706$2,908,174
12$5,023,097$1,814,503$185,855$3,022,739
13$5,224,021$1,888,845$193,289$3,141,887
14$5,432,982$1,966,161$201,020$3,265,801
15$5,650,301$2,046,569$209,061$3,394,671
16$5,876,313$2,130,193$217,424$3,528,696
17$6,111,366$2,217,163$226,121$3,668,083
18$6,355,820$2,307,611$235,165$3,813,044
19$6,610,053$2,401,677$244,572$3,963,804
20$6,874,455$2,499,506$254,355$4,120,595
21$7,149,434$2,601,248$264,529$4,283,657
22$7,435,411$2,707,059$275,110$4,453,241
23$7,732,827$2,817,103$286,115$4,629,609
24$8,042,140$2,931,549$297,559$4,813,032
25$8,363,826$3,050,573$309,462$5,003,792
26$8,698,379$3,174,358$321,840$5,202,182
27$9,046,314$3,303,094$334,714$5,408,507
28$9,408,167$3,436,979$348,102$5,623,086
29$9,784,493$3,576,220$362,026$5,846,247
30$10,175,873$3,721,030$376,507$6,078,336
Total$183,000,000$66,388,719$6,771,001$109,840,279

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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.