USA Mega

Arkansas Powerball Jackpot Annuity Payout Schedule for Aug 30, 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 $333,900,000 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:Mon, Aug 30, 2021
Jackpot:$333,900,000
Federal Tax:37% marginal rate
State Tax: 3.9%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$5,025,674$1,815,457$196,001$3,014,216
2$5,276,958$1,908,432$205,801$3,162,725
3$5,540,806$2,006,055$216,091$3,318,659
4$5,817,846$2,108,560$226,896$3,482,390
5$6,108,738$2,216,190$238,241$3,654,307
6$6,414,175$2,329,202$250,153$3,834,820
7$6,734,884$2,447,864$262,660$4,024,359
8$7,071,628$2,572,460$275,794$4,223,375
9$7,425,210$2,703,285$289,583$4,432,342
10$7,796,470$2,840,651$304,062$4,651,757
11$8,186,294$2,984,886$319,265$4,882,142
12$8,595,608$3,136,332$335,229$5,124,047
13$9,025,389$3,295,351$351,990$5,378,048
14$9,476,658$3,462,321$369,590$5,644,748
15$9,950,491$3,637,639$388,069$5,924,783
16$10,448,016$3,821,723$407,473$6,218,820
17$10,970,416$4,015,011$427,846$6,527,559
18$11,518,937$4,217,964$449,239$6,851,735
19$12,094,884$4,431,064$471,700$7,192,119
20$12,699,628$4,654,820$495,286$7,549,523
21$13,334,610$4,889,763$520,050$7,924,797
22$14,001,340$5,136,453$546,052$8,318,835
23$14,701,407$5,395,478$573,355$8,732,574
24$15,436,477$5,667,454$602,023$9,167,001
25$16,208,301$5,953,029$632,124$9,623,149
26$17,018,717$6,252,882$663,730$10,102,104
27$17,869,653$6,567,729$696,916$10,605,007
28$18,763,135$6,898,317$731,762$11,133,055
29$19,701,292$7,245,435$768,350$11,687,506
30$20,686,356$7,609,909$806,768$12,269,679
Total$333,900,001$122,221,716$13,022,099$198,656,181

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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.