USA Mega

Arkansas Powerball Jackpot Annuity Payout Schedule for Dec 25, 2019

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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 $188,600,000 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, Dec 25, 2019
Jackpot:$188,600,000
Federal Tax:37% marginal rate
State Tax: 3.9%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$2,838,701$1,006,276$110,709$1,721,715
2$2,980,636$1,058,792$116,245$1,805,598
3$3,129,667$1,113,934$122,057$1,893,676
4$3,286,151$1,171,833$128,160$1,986,158
5$3,450,458$1,232,627$134,568$2,083,264
6$3,622,981$1,296,460$141,296$2,185,225
7$3,804,130$1,363,486$148,361$2,292,284
8$3,994,337$1,433,862$155,779$2,404,696
9$4,194,054$1,507,757$163,568$2,522,729
10$4,403,756$1,585,347$171,747$2,646,663
11$4,623,944$1,666,817$180,334$2,776,794
12$4,855,141$1,752,360$189,351$2,913,431
13$5,097,899$1,842,180$198,818$3,056,901
14$5,352,794$1,936,491$208,759$3,207,544
15$5,620,433$2,035,518$219,197$3,365,719
16$5,901,455$2,139,496$230,157$3,531,803
17$6,196,527$2,248,672$241,665$3,706,191
18$6,506,354$2,363,308$253,748$3,889,298
19$6,831,672$2,483,676$266,435$4,081,561
20$7,173,255$2,610,062$279,757$4,283,437
21$7,531,918$2,742,767$293,745$4,495,406
22$7,908,514$2,882,107$308,432$4,717,974
23$8,303,940$3,028,415$323,854$4,951,671
24$8,719,136$3,182,038$340,046$5,197,052
25$9,155,093$3,343,342$357,049$5,454,703
26$9,612,848$3,512,711$374,901$5,725,236
27$10,093,490$3,690,549$393,646$6,009,296
28$10,598,165$3,877,278$413,328$6,307,558
29$11,128,073$4,073,344$433,995$6,620,734
30$11,684,477$4,279,214$455,695$6,949,569
Total$188,600,000$68,460,719$7,355,402$112,783,886

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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.