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Arkansas Powerball Jackpot Annuity Payout Schedule for Mar 23, 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 $638,800,000 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, Mar 23, 2019
Jackpot:$638,800,000
Federal Tax:37% marginal rate
State Tax: 3.9%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$9,614,857$3,513,454$374,979$5,726,423
2$10,095,600$3,691,329$393,728$6,010,542
3$10,600,379$3,878,098$413,415$6,308,867
4$11,130,399$4,074,205$434,086$6,622,108
5$11,686,918$4,280,117$455,790$6,951,011
6$12,271,264$4,496,325$478,579$7,296,360
7$12,884,828$4,723,344$502,508$7,658,976
8$13,529,069$4,961,713$527,634$8,039,723
9$14,205,523$5,212,001$554,015$8,439,507
10$14,915,799$5,474,803$581,716$8,859,280
11$15,661,589$5,750,745$610,802$9,300,042
12$16,444,668$6,040,484$641,342$9,762,842
13$17,266,901$6,344,711$673,409$10,248,781
14$18,130,247$6,664,148$707,080$10,759,018
15$19,036,759$6,999,558$742,434$11,294,767
16$19,988,597$7,351,738$779,555$11,857,304
17$20,988,026$7,721,527$818,533$12,447,966
18$22,037,428$8,109,806$859,460$13,068,163
19$23,139,299$8,517,498$902,433$13,719,368
20$24,296,264$8,945,575$947,554$14,403,135
21$25,511,077$9,395,056$994,932$15,121,089
22$26,786,631$9,867,011$1,044,679$15,874,942
23$28,125,963$10,362,563$1,096,913$16,666,487
24$29,532,261$10,882,894$1,151,758$17,497,609
25$31,008,874$11,429,240$1,209,346$18,370,287
26$32,559,318$12,002,905$1,269,813$19,286,600
27$34,187,284$12,605,252$1,333,304$20,248,727
28$35,896,647$13,237,717$1,399,969$21,258,961
29$37,691,480$13,901,805$1,469,968$22,319,707
30$39,576,054$14,599,097$1,543,466$23,433,491
Total$638,800,001$235,034,719$24,913,200$378,852,083

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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.