USA Mega

Arkansas Powerball Jackpot Annuity Payout Schedule for Aug 14, 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 $259,300,000 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, Aug 14, 2021
Jackpot:$259,300,000
Federal Tax:37% marginal rate
State Tax: 3.9%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$3,902,837$1,400,007$152,211$2,350,619
2$4,097,979$1,472,209$159,821$2,465,948
3$4,302,878$1,548,022$167,812$2,587,044
4$4,518,022$1,627,625$176,203$2,714,194
5$4,743,923$1,711,209$185,013$2,847,701
6$4,981,119$1,798,971$194,264$2,987,884
7$5,230,175$1,891,122$203,977$3,135,076
8$5,491,684$1,987,880$214,176$3,289,628
9$5,766,268$2,089,476$224,884$3,451,907
10$6,054,581$2,196,152$236,129$3,622,300
11$6,357,310$2,308,162$247,935$3,801,213
12$6,675,176$2,425,772$260,332$3,989,072
13$7,008,935$2,549,263$273,348$4,186,323
14$7,359,382$2,678,928$287,016$4,393,437
15$7,727,351$2,815,077$301,367$4,610,907
16$8,113,718$2,958,033$316,435$4,839,250
17$8,519,404$3,108,137$332,257$5,079,010
18$8,945,374$3,265,746$348,870$5,330,759
19$9,392,643$3,431,235$366,313$5,595,095
20$9,862,275$3,604,999$384,629$5,872,647
21$10,355,389$3,787,451$403,860$6,164,077
22$10,873,158$3,979,026$424,053$6,470,079
23$11,416,816$4,180,179$445,256$6,791,381
24$11,987,657$4,391,390$467,519$7,128,748
25$12,587,040$4,613,162$490,895$7,482,983
26$13,216,392$4,846,022$515,439$7,854,930
27$13,877,211$5,090,525$541,211$8,245,475
28$14,571,072$5,347,254$568,272$8,655,546
29$15,299,625$5,616,819$596,685$9,086,121
30$16,064,607$5,899,862$626,520$9,538,225
Total$259,300,001$94,619,715$10,112,702$154,567,579

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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.