USA Mega

Arkansas Powerball Jackpot Annuity Payout Schedule for Feb 15, 2017

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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 $317,000,000 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, Feb 15, 2017
Jackpot:$317,000,000
Federal Tax:37% marginal rate
State Tax: 3.7%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$4,771,305$1,721,340$176,538$2,873,427
2$5,009,870$1,809,609$185,365$3,014,896
3$5,260,364$1,902,292$194,633$3,163,438
4$5,523,382$1,999,609$204,365$3,319,408
5$5,799,551$2,101,791$214,583$3,483,176
6$6,089,528$2,209,083$225,313$3,655,133
7$6,394,005$2,321,739$236,578$3,835,688
8$6,713,705$2,440,028$248,407$4,025,270
9$7,049,391$2,564,232$260,827$4,224,331
10$7,401,860$2,694,645$273,869$4,433,346
11$7,771,953$2,831,580$287,562$4,652,811
12$8,160,551$2,975,361$301,940$4,883,249
13$8,568,578$3,126,331$317,037$5,125,210
14$8,997,007$3,284,850$332,889$5,379,268
15$9,446,857$3,451,294$349,534$5,646,029
16$9,919,200$3,626,061$367,010$5,926,129
17$10,415,160$3,809,567$385,361$6,220,233
18$10,935,918$4,002,247$404,629$6,529,042
19$11,482,714$4,204,561$424,860$6,853,292
20$12,056,850$4,416,992$446,103$7,193,755
21$12,659,692$4,640,043$468,409$7,551,240
22$13,292,677$4,874,248$491,829$7,926,600
23$13,957,311$5,120,162$516,421$8,320,728
24$14,655,176$5,378,372$542,242$8,734,562
25$15,387,935$5,649,493$569,354$9,169,088
26$16,157,332$5,934,170$597,821$9,625,341
27$16,965,199$6,233,081$627,712$10,104,406
28$17,813,458$6,546,937$659,098$10,607,424
29$18,704,131$6,876,486$692,053$11,135,593
30$19,639,338$7,222,512$726,656$11,690,170
Total$317,000,001$115,968,716$11,728,998$189,302,283

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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.