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Arkansas Powerball Jackpot Annuity Payout Schedule for Mar 18, 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 $77,100,000 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, Mar 18, 2023
Jackpot:$77,100,000
Federal Tax:37% marginal rate
State Tax: 3.7%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$1,160,466$385,330$42,937$732,199
2$1,218,489$406,798$45,084$766,607
3$1,279,413$429,340$47,338$802,735
4$1,343,384$453,009$49,705$840,670
5$1,410,553$477,862$52,190$880,501
6$1,481,081$503,957$54,800$922,324
7$1,555,135$531,357$57,540$966,238
8$1,632,892$560,127$60,417$1,012,348
9$1,714,536$590,336$63,438$1,060,763
10$1,800,263$622,055$66,610$1,111,599
11$1,890,276$655,359$69,940$1,164,977
12$1,984,790$690,330$73,437$1,221,023
13$2,084,030$727,048$77,109$1,279,872
14$2,188,231$765,603$80,965$1,341,664
15$2,297,643$806,085$85,013$1,406,545
16$2,412,525$848,591$89,263$1,474,670
17$2,533,151$893,223$93,727$1,546,201
18$2,659,809$940,086$98,413$1,621,309
19$2,792,799$989,293$103,334$1,700,173
20$2,932,439$1,040,960$108,500$1,782,979
21$3,079,061$1,095,210$113,925$1,869,926
22$3,233,014$1,152,172$119,622$1,961,220
23$3,394,665$1,211,983$125,603$2,057,079
24$3,564,398$1,274,784$131,883$2,157,731
25$3,742,618$1,340,726$138,477$2,263,415
26$3,929,749$1,409,964$145,401$2,374,384
27$4,126,236$1,482,665$152,671$2,490,901
28$4,332,548$1,559,000$160,304$2,613,244
29$4,549,175$1,639,152$168,319$2,741,704
30$4,776,634$1,723,312$176,735$2,876,587
Total$77,100,000$27,205,717$2,852,700$47,041,588

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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.