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Arkansas Powerball Jackpot Annuity Payout Schedule for Jan 10, 2015

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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 $160,300,000 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, Jan 10, 2015
Jackpot:$160,300,000
Federal Tax:37% marginal rate
State Tax: 3.7%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$2,858,165$1,013,478$105,752$1,738,935
2$2,972,491$1,055,779$109,982$1,806,730
3$3,091,391$1,099,772$114,381$1,877,238
4$3,215,047$1,145,525$118,957$1,950,565
5$3,343,649$1,193,107$123,715$2,026,826
6$3,477,395$1,242,593$128,664$2,106,138
7$3,616,490$1,294,059$133,810$2,188,622
8$3,761,150$1,347,583$139,163$2,274,405
9$3,911,596$1,403,248$144,729$2,363,619
10$4,068,060$1,461,139$150,518$2,456,402
11$4,230,782$1,521,347$156,539$2,552,897
12$4,400,014$1,583,962$162,801$2,653,251
13$4,576,014$1,649,082$169,313$2,757,619
14$4,759,055$1,716,807$176,085$2,866,162
15$4,949,417$1,787,241$183,128$2,979,047
16$5,147,393$1,860,493$190,454$3,096,447
17$5,353,289$1,936,674$198,072$3,218,543
18$5,567,421$2,015,903$205,995$3,345,523
19$5,790,118$2,098,301$214,234$3,477,583
20$6,021,722$2,183,995$222,804$3,614,924
21$6,262,591$2,273,116$231,716$3,757,759
22$6,513,095$2,365,802$240,985$3,906,308
23$6,773,619$2,462,196$250,624$4,060,799
24$7,044,563$2,562,446$260,649$4,221,469
25$7,326,346$2,666,705$271,075$4,388,566
26$7,619,400$2,775,135$281,918$4,562,347
27$7,924,176$2,887,902$293,195$4,743,079
28$8,241,143$3,005,180$304,922$4,931,040
29$8,570,789$3,127,149$317,119$5,126,520
30$8,913,620$3,253,997$329,804$5,329,819
Total$160,300,000$57,989,716$5,931,103$96,379,182

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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.