USA Mega

Arkansas Powerball Jackpot Annuity Payout Schedule for Jan 6, 2018

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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 $559,700,000 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 6, 2018
Jackpot:$559,700,000
Federal Tax:37% marginal rate
State Tax: 3.7%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$8,424,288$3,072,944$311,699$5,039,646
2$8,845,503$3,228,793$327,284$5,289,426
3$9,287,778$3,392,435$343,648$5,551,695
4$9,752,167$3,564,259$360,830$5,827,078
5$10,239,775$3,744,674$378,872$6,116,229
6$10,751,764$3,934,110$397,815$6,419,839
7$11,289,352$4,133,018$417,706$6,738,629
8$11,853,820$4,341,871$438,591$7,073,358
9$12,446,511$4,561,166$460,521$7,424,824
10$13,068,836$4,791,427$483,547$7,793,863
11$13,722,278$5,033,200$507,724$8,181,354
12$14,408,392$5,287,062$533,110$8,588,219
13$15,128,811$5,553,617$559,766$9,015,428
14$15,885,252$5,833,501$587,754$9,463,997
15$16,679,514$6,127,378$617,142$9,934,995
16$17,513,490$6,435,949$647,999$10,429,543
17$18,389,165$6,759,948$680,399$10,948,817
18$19,308,623$7,100,148$714,419$11,494,056
19$20,274,054$7,457,357$750,140$12,066,557
20$21,287,757$7,832,427$787,647$12,667,683
21$22,352,144$8,226,251$827,029$13,298,864
22$23,469,752$8,639,765$868,381$13,961,606
23$24,643,240$9,073,956$911,800$14,657,484
24$25,875,401$9,529,856$957,390$15,388,156
25$27,169,171$10,008,551$1,005,259$16,155,361
26$28,527,630$10,511,180$1,055,522$16,960,927
27$29,954,012$11,038,942$1,108,298$17,806,772
28$31,451,712$11,593,091$1,163,713$18,694,908
29$33,024,298$12,174,947$1,221,899$19,627,451
30$34,675,513$12,785,897$1,282,994$20,606,622
Total$559,700,001$205,767,720$20,708,898$333,223,387

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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.