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Arkansas Mega Millions Jackpot Annuity Payout Schedule for Apr 5, 2022

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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 Mega Millions 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 $81,000,000 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:Tue, Apr 5, 2022
Jackpot:$81,000,000
Federal Tax:37% marginal rate
State Tax: 3.9%
Report:Mega Millions annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$1,219,166$407,049$47,547$764,570
2$1,280,125$429,603$49,925$800,596
3$1,344,131$453,286$52,421$838,424
4$1,411,337$478,152$55,042$878,143
5$1,481,904$504,262$57,794$919,848
6$1,555,999$531,677$60,684$963,638
7$1,633,799$560,463$63,718$1,009,618
8$1,715,489$590,688$66,904$1,057,897
9$1,801,264$622,425$70,249$1,108,590
10$1,891,327$655,748$73,762$1,161,817
11$1,985,893$690,738$77,450$1,217,706
12$2,085,188$727,477$81,322$1,276,389
13$2,189,447$766,053$85,388$1,338,006
14$2,298,920$806,558$89,658$1,402,704
15$2,413,866$849,088$94,141$1,470,637
16$2,534,559$893,744$98,848$1,541,967
17$2,661,287$940,633$103,790$1,616,863
18$2,794,351$989,867$108,980$1,695,504
19$2,934,069$1,041,563$114,429$1,778,077
20$3,080,772$1,095,843$120,150$1,864,779
21$3,234,811$1,152,837$126,158$1,955,816
22$3,396,552$1,212,681$132,466$2,051,405
23$3,566,379$1,275,518$139,089$2,151,773
24$3,744,698$1,341,496$146,043$2,257,159
25$3,931,933$1,410,772$153,345$2,367,815
26$4,128,530$1,483,513$161,013$2,484,004
27$4,334,956$1,559,891$169,063$2,606,002
28$4,551,704$1,640,088$177,516$2,734,100
29$4,779,289$1,724,294$186,392$2,868,603
30$5,018,254$1,812,711$195,712$3,009,831
Total$81,000,000$28,648,718$3,158,999$49,192,281

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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.