USA Mega

Arkansas Powerball Jackpot Annuity Payout Schedule for Feb 11, 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 $564,100,000 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 11, 2015
Jackpot:$564,100,000
Federal Tax:37% marginal rate
State Tax: 3.7%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$10,057,959$3,677,402$372,144$6,008,412
2$10,460,277$3,826,260$387,030$6,246,987
3$10,878,688$3,981,072$402,511$6,495,105
4$11,313,836$4,142,077$418,612$6,753,147
5$11,766,389$4,309,521$435,356$7,021,512
6$12,237,045$4,483,664$452,771$7,300,610
7$12,726,527$4,664,772$470,881$7,590,873
8$13,235,588$4,853,125$489,717$7,892,746
9$13,765,011$5,049,011$509,305$8,206,694
10$14,315,612$5,252,734$529,678$8,533,201
11$14,888,236$5,464,605$550,865$8,872,767
12$15,483,766$5,684,951$572,899$9,225,916
13$16,103,116$5,914,110$595,815$9,593,191
14$16,747,241$6,152,436$619,648$9,975,157
15$17,417,131$6,400,296$644,434$10,372,401
16$18,113,816$6,658,069$670,211$10,785,536
17$18,838,368$6,926,154$697,020$11,215,195
18$19,591,903$7,204,961$724,900$11,662,041
19$20,375,579$7,494,922$753,896$12,126,761
20$21,190,602$7,796,480$784,052$12,610,070
21$22,038,227$8,110,101$815,414$13,112,711
22$22,919,756$8,436,267$848,031$13,635,458
23$23,836,546$8,775,479$881,952$14,179,114
24$24,790,008$9,128,260$917,230$14,744,517
25$25,781,608$9,495,152$953,919$15,332,536
26$26,812,872$9,876,720$992,076$15,944,076
27$27,885,387$10,273,551$1,031,759$16,580,077
28$29,000,803$10,686,254$1,073,030$17,241,519
29$30,160,835$11,115,466$1,115,951$17,929,418
30$31,367,268$11,561,846$1,160,589$18,644,833
Total$564,100,000$207,395,718$20,871,696$335,832,581

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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.