USA Mega

Arkansas Powerball Jackpot Annuity Payout Schedule for Jul 28, 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 $185,700,000 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:Wed, Jul 28, 2021
Jackpot:$185,700,000
Federal Tax:37% marginal rate
State Tax: 3.7%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$2,795,051$990,126$103,417$1,701,508
2$2,934,804$1,041,835$108,588$1,784,382
3$3,081,544$1,096,129$114,017$1,871,398
4$3,235,622$1,153,137$119,718$1,962,766
5$3,397,402$1,212,996$125,704$2,058,702
6$3,567,273$1,275,848$131,989$2,159,435
7$3,745,636$1,341,843$138,589$2,265,205
8$3,932,918$1,411,137$145,518$2,376,263
9$4,129,564$1,483,896$152,794$2,492,874
10$4,336,042$1,560,293$160,434$2,615,316
11$4,552,844$1,640,510$168,455$2,743,879
12$4,780,487$1,724,737$176,878$2,878,871
13$5,019,511$1,813,176$185,722$3,020,613
14$5,270,487$1,906,037$195,008$3,169,441
15$5,534,011$2,003,541$204,758$3,325,711
16$5,810,711$2,105,920$214,996$3,489,795
17$6,101,247$2,213,419$225,746$3,662,082
18$6,406,309$2,326,292$237,033$3,842,984
19$6,726,625$2,444,808$248,885$4,032,931
20$7,062,956$2,569,251$261,329$4,232,376
21$7,416,104$2,699,916$274,396$4,441,792
22$7,786,909$2,837,114$288,116$4,661,680
23$8,176,254$2,981,171$302,521$4,892,562
24$8,585,067$3,132,432$317,647$5,134,987
25$9,014,320$3,291,256$333,530$5,389,535
26$9,465,037$3,458,021$350,206$5,656,809
27$9,938,288$3,633,124$367,717$5,937,448
28$10,435,203$3,816,982$386,102$6,232,118
29$10,956,963$4,010,033$405,408$6,541,522
30$11,504,811$4,212,737$425,678$6,866,396
Total$185,700,000$67,387,717$6,870,899$111,441,381

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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.