USA Mega

Arkansas Powerball Jackpot Annuity Payout Schedule for Jun 2, 2021

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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 $268,400,000 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, Jun 2, 2021
Jackpot:$268,400,000
Federal Tax:37% marginal rate
State Tax: 3.9%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$4,039,805$1,450,685$157,552$2,431,568
2$4,241,795$1,525,422$165,430$2,550,944
3$4,453,885$1,603,895$173,702$2,676,289
4$4,676,580$1,686,292$182,387$2,807,901
5$4,910,408$1,772,808$191,506$2,946,094
6$5,155,929$1,863,651$201,081$3,091,197
7$5,413,725$1,959,036$211,135$3,243,554
8$5,684,412$2,059,190$221,692$3,403,530
9$5,968,632$2,164,351$232,777$3,571,504
10$6,267,064$2,274,771$244,415$3,747,877
11$6,580,417$2,390,712$256,636$3,933,069
12$6,909,438$2,512,449$269,468$4,127,521
13$7,254,910$2,640,274$282,941$4,331,694
14$7,617,655$2,774,490$297,089$4,546,077
15$7,998,538$2,915,416$311,943$4,771,179
16$8,398,465$3,063,389$327,540$5,007,536
17$8,818,388$3,218,761$343,917$5,255,710
18$9,259,307$3,381,901$361,113$5,516,293
19$9,722,273$3,553,198$379,169$5,789,906
20$10,208,387$3,733,060$398,127$6,077,199
21$10,718,806$3,921,915$418,033$6,378,857
22$11,254,746$4,120,213$438,935$6,695,598
23$11,817,483$4,328,426$460,882$7,028,175
24$12,408,357$4,547,050$483,926$7,377,382
25$13,028,775$4,776,604$508,122$7,744,049
26$13,680,214$5,017,637$533,528$8,129,049
27$14,364,225$5,270,721$560,205$8,533,300
28$15,082,436$5,536,459$588,215$8,957,762
29$15,836,558$5,815,484$617,626$9,403,448
30$16,628,386$6,108,460$648,507$9,871,419
Total$268,400,001$97,986,720$10,467,599$159,945,681

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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.