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Arkansas Powerball Jackpot Annuity Payout Schedule for May 13, 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 $100,000,000 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, May 13, 2015
Jackpot:$100,000,000
Federal Tax:37% marginal rate
State Tax: 3.9%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$1,783,010$615,671$69,537$1,097,802
2$1,854,330$642,059$72,319$1,139,952
3$1,928,504$669,504$75,212$1,183,788
4$2,005,644$698,045$78,220$1,229,378
5$2,085,869$727,729$81,349$1,276,792
6$2,169,304$758,600$84,603$1,326,102
7$2,256,076$790,706$87,987$1,377,384
8$2,346,319$824,095$91,506$1,430,718
9$2,440,172$858,821$95,167$1,486,185
10$2,537,779$894,936$98,973$1,543,870
11$2,639,290$932,495$102,932$1,603,863
12$2,744,862$971,556$107,050$1,666,256
13$2,854,656$1,012,180$111,332$1,731,145
14$2,968,843$1,054,429$115,785$1,798,629
15$3,087,596$1,098,368$120,416$1,868,812
16$3,211,100$1,144,064$125,233$1,941,803
17$3,339,544$1,191,589$130,242$2,017,713
18$3,473,126$1,241,014$135,452$2,096,660
19$3,612,051$1,292,416$140,870$2,178,765
20$3,756,533$1,345,874$146,505$2,264,154
21$3,906,794$1,401,471$152,365$2,352,958
22$4,063,066$1,459,292$158,460$2,445,315
23$4,225,589$1,519,425$164,798$2,541,366
24$4,394,612$1,581,964$171,390$2,641,259
25$4,570,397$1,647,004$178,245$2,745,147
26$4,753,213$1,714,646$185,375$2,853,191
27$4,943,341$1,784,993$192,790$2,965,557
28$5,141,075$1,858,155$200,502$3,082,418
29$5,346,718$1,934,243$208,522$3,203,953
30$5,560,586$2,013,374$216,863$3,330,349
Total$100,000,000$35,678,718$3,900,000$60,421,284

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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.