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Arkansas Powerball Jackpot Annuity Payout Schedule for Jun 20, 2015

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The tax information provided here is based on 2025 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 $80,000,000 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:Sat, Jun 20, 2015
Jackpot:$80,000,000
Federal Tax:37% marginal rate
State Tax: 3.9%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$1,426,408$484,791$55,630$885,987
2$1,483,464$505,902$57,855$919,707
3$1,542,803$527,857$60,169$954,776
4$1,604,515$550,691$62,576$991,248
5$1,668,696$574,438$65,079$1,029,179
6$1,735,443$599,134$67,682$1,068,627
7$1,804,861$624,819$70,390$1,109,653
8$1,877,056$651,531$73,205$1,152,320
9$1,952,138$679,311$76,133$1,196,693
10$2,030,223$708,203$79,179$1,242,842
11$2,111,432$738,250$82,346$1,290,836
12$2,195,889$769,499$85,640$1,340,750
13$2,283,725$801,999$89,065$1,392,661
14$2,375,074$835,798$92,628$1,446,649
15$2,470,077$870,949$96,333$1,502,795
16$2,568,880$907,506$100,186$1,561,188
17$2,671,635$945,525$104,194$1,621,916
18$2,778,501$985,066$108,362$1,685,074
19$2,889,641$1,026,187$112,696$1,750,757
20$3,005,226$1,068,954$117,204$1,819,069
21$3,125,435$1,113,431$121,892$1,890,112
22$3,250,453$1,159,688$126,768$1,963,997
23$3,380,471$1,207,795$131,838$2,040,838
24$3,515,690$1,257,825$137,112$2,120,752
25$3,656,317$1,309,858$142,596$2,203,863
26$3,802,570$1,363,971$148,300$2,290,299
27$3,954,673$1,420,249$154,232$2,380,191
28$4,112,860$1,478,778$160,402$2,473,680
29$4,277,374$1,539,649$166,818$2,570,908
30$4,448,469$1,602,954$173,490$2,672,025
Total$80,000,000$28,310,608$3,120,000$48,569,392

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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.