USA Mega

Arkansas Powerball Jackpot Annuity Payout Schedule for Dec 28, 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 $203,800,000 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, Dec 28, 2019
Jackpot:$203,800,000
Federal Tax:37% marginal rate
State Tax: 3.7%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$3,067,482$1,090,926$113,497$1,863,060
2$3,220,857$1,147,674$119,172$1,954,011
3$3,381,899$1,207,260$125,130$2,049,509
4$3,550,994$1,269,825$131,387$2,149,782
5$3,728,544$1,335,519$137,956$2,255,069
6$3,914,971$1,404,497$144,854$2,365,621
7$4,110,720$1,476,924$152,097$2,481,700
8$4,316,256$1,552,972$159,701$2,603,583
9$4,532,069$1,632,823$167,687$2,731,560
10$4,758,672$1,716,666$176,071$2,865,935
11$4,996,606$1,804,701$184,874$3,007,030
12$5,246,436$1,897,139$194,118$3,155,179
13$5,508,758$1,994,198$203,824$3,310,736
14$5,784,196$2,096,110$214,015$3,474,071
15$6,073,405$2,203,117$224,716$3,645,572
16$6,377,076$2,315,475$235,952$3,825,649
17$6,695,930$2,433,451$247,749$4,014,729
18$7,030,726$2,557,326$260,137$4,213,263
19$7,382,262$2,687,394$273,144$4,421,724
20$7,751,375$2,823,966$286,801$4,640,608
21$8,138,944$2,967,367$301,141$4,870,437
22$8,545,891$3,117,937$316,198$5,111,756
23$8,973,186$3,276,036$332,008$5,365,142
24$9,421,845$3,442,040$348,608$5,631,197
25$9,892,937$3,616,344$366,039$5,910,555
26$10,387,585$3,799,364$384,341$6,203,880
27$10,906,964$3,991,534$403,558$6,511,872
28$11,452,312$4,193,313$423,736$6,835,264
29$12,024,927$4,405,180$444,922$7,174,825
30$12,626,174$4,627,642$467,168$7,531,364
Total$203,800,000$74,084,720$7,540,601$122,174,683

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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.