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Arkansas Powerball Jackpot Annuity Payout Schedule for Nov 25, 2023

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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 $337,900,000 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:Sat, Nov 25, 2023
Jackpot:$337,900,000
Federal Tax:37% marginal rate
State Tax: 3.9%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$5,085,880$1,837,733$198,349$3,049,798
2$5,340,174$1,931,822$208,267$3,200,086
3$5,607,183$2,030,615$218,680$3,357,888
4$5,887,542$2,134,348$229,614$3,523,580
5$6,181,919$2,243,267$241,095$3,697,557
6$6,491,015$2,357,633$253,150$3,880,232
7$6,815,566$2,477,717$265,807$4,072,042
8$7,156,344$2,603,804$279,097$4,273,442
9$7,514,161$2,736,197$293,052$4,484,912
10$7,889,869$2,875,209$307,705$4,706,955
11$8,284,363$3,021,171$323,090$4,940,101
12$8,698,581$3,174,432$339,245$5,184,904
13$9,133,510$3,335,356$356,207$5,441,947
14$9,590,185$3,504,326$374,017$5,711,842
15$10,069,694$3,681,744$392,718$5,995,232
16$10,573,179$3,868,034$412,354$6,292,792
17$11,101,838$4,063,637$432,972$6,605,229
18$11,656,930$4,269,021$454,620$6,933,288
19$12,239,776$4,484,675$477,351$7,277,751
20$12,851,765$4,711,110$501,219$7,639,436
21$13,494,353$4,948,868$526,280$8,019,206
22$14,169,071$5,198,514$552,594$8,417,964
23$14,877,525$5,460,641$580,223$8,836,660
24$15,621,401$5,735,876$609,235$9,276,291
25$16,402,471$6,024,871$639,696$9,737,903
26$17,222,595$6,328,317$671,681$10,222,596
27$18,083,724$6,646,935$705,265$10,731,524
28$18,987,910$6,981,484$740,529$11,265,898
29$19,937,306$7,332,760$777,555$11,826,991
30$20,934,171$7,701,601$816,433$12,416,138
Total$337,900,001$123,701,718$13,178,100$201,020,185

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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.