USA Mega

Arkansas Powerball Jackpot Annuity Payout Schedule for Aug 28, 2021

Media: You may freely use any information on this page, but you must credit usamega.com.

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 $325,600,000 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 28, 2021
Jackpot:$325,600,000
Federal Tax:37% marginal rate
State Tax: 3.9%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$4,900,747$1,769,234$191,129$2,940,384
2$5,145,785$1,859,898$200,686$3,085,201
3$5,403,074$1,955,095$210,720$3,237,259
4$5,673,228$2,055,051$221,256$3,396,920
5$5,956,889$2,160,006$232,319$3,564,564
6$6,254,733$2,270,209$243,935$3,740,590
7$6,567,470$2,385,921$256,131$3,925,418
8$6,895,844$2,507,419$268,938$4,119,486
9$7,240,636$2,634,993$282,385$4,323,259
10$7,602,668$2,768,944$296,504$4,537,219
11$7,982,801$2,909,594$311,329$4,761,878
12$8,381,941$3,057,275$326,896$4,997,770
13$8,801,038$3,212,341$343,240$5,245,456
14$9,241,090$3,375,161$360,403$5,505,527
15$9,703,144$3,546,121$378,423$5,778,601
16$10,188,302$3,725,629$397,344$6,065,329
17$10,697,717$3,914,112$417,211$6,366,393
18$11,232,603$4,112,020$438,071$6,682,511
19$11,794,233$4,319,823$459,975$7,014,434
20$12,383,944$4,538,017$482,974$7,362,954
21$13,003,141$4,767,120$507,123$7,728,899
22$13,653,299$5,007,678$532,479$8,113,142
23$14,335,964$5,260,264$559,103$8,516,597
24$15,052,762$5,525,479$587,058$8,940,225
25$15,805,400$5,803,955$616,411$9,385,034
26$16,595,670$6,096,355$647,231$9,852,084
27$17,425,453$6,403,375$679,593$10,342,486
28$18,296,726$6,725,746$713,572$10,857,408
29$19,211,562$7,064,235$749,251$11,398,076
30$20,172,140$7,419,649$786,713$11,965,778
Total$325,600,001$119,150,719$12,698,403$193,750,882

◄ Back to Jackpot Analysis

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.