USA Mega

Arkansas Powerball Jackpot Annuity Payout Schedule for Oct 21, 1992

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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 $3,500,000 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:Wed, Oct 21, 1992
Jackpot:$3,500,000
Federal Tax:37% marginal rate
State Tax: 3.9%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$62,405$8,441$2,434$51,530
2$64,902$8,990$2,531$53,380
3$67,498$9,561$2,632$55,304
4$70,198$10,155$2,738$57,304
5$73,005$10,773$2,847$59,385
6$75,926$11,416$2,961$61,549
7$78,963$12,084$3,080$63,799
8$82,121$12,779$3,203$66,140
9$85,406$13,501$3,331$68,574
10$88,822$14,253$3,464$71,105
11$92,375$15,035$3,603$73,738
12$96,070$15,847$3,747$76,476
13$99,913$16,693$3,897$79,324
14$103,909$17,572$4,052$82,285
15$108,066$18,534$4,215$85,317
16$112,389$19,571$4,383$88,434
17$116,884$20,650$4,558$91,675
18$121,559$21,772$4,741$95,046
19$126,422$22,939$4,930$98,552
20$131,479$24,153$5,128$102,198
21$136,738$25,415$5,333$105,990
22$142,207$26,728$5,546$109,933
23$147,896$28,093$5,768$114,035
24$153,811$29,513$5,999$118,300
25$159,964$30,989$6,239$122,736
26$166,362$32,525$6,488$127,349
27$173,017$34,122$6,748$132,147
28$179,938$35,783$7,018$137,137
29$187,135$37,510$7,298$142,326
30$194,621$39,307$7,590$147,723
Total$3,500,000$624,704$136,502$2,738,791

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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.