USA Mega

Arkansas Powerball Jackpot Annuity Payout Schedule for Feb 12, 2014

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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 $286,100,000 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, Feb 12, 2014
Jackpot:$286,100,000
Federal Tax:37% marginal rate
State Tax: 3.7%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$5,101,191$1,843,398$188,744$3,069,049
2$5,305,239$1,918,896$196,294$3,190,049
3$5,517,449$1,997,413$204,146$3,315,890
4$5,738,147$2,079,071$212,311$3,446,764
5$5,967,672$2,163,996$220,804$3,582,872
6$6,206,379$2,252,318$229,636$3,724,426
7$6,454,634$2,344,172$238,821$3,871,641
8$6,712,820$2,439,701$248,374$4,024,745
9$6,981,333$2,539,050$258,309$4,183,973
10$7,260,586$2,642,374$268,642$4,349,570
11$7,551,009$2,749,831$279,387$4,521,791
12$7,853,050$2,861,586$290,563$4,700,901
13$8,167,172$2,977,811$302,185$4,887,176
14$8,493,859$3,098,685$314,273$5,080,901
15$8,833,613$3,224,394$326,844$5,282,375
16$9,186,957$3,355,132$339,917$5,491,909
17$9,554,436$3,491,098$353,514$5,709,823
18$9,936,613$3,632,504$367,655$5,936,454
19$10,334,078$3,779,566$382,361$6,172,151
20$10,747,441$3,932,510$397,655$6,417,275
21$11,177,338$4,091,572$413,562$6,672,204
22$11,624,432$4,256,997$430,104$6,937,331
23$12,089,409$4,429,039$447,308$7,213,062
24$12,572,986$4,607,962$465,200$7,499,823
25$13,075,905$4,794,042$483,808$7,798,054
26$13,598,941$4,987,566$503,161$8,108,215
27$14,142,899$5,188,830$523,287$8,430,782
28$14,708,615$5,398,145$544,219$8,766,251
29$15,296,959$5,615,832$565,988$9,115,140
30$15,908,838$5,842,227$588,627$9,477,984
Total$286,100,000$104,535,718$10,585,699$170,978,581

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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.