USA Mega

Arkansas Powerball Jackpot Annuity Payout Schedule for Dec 16, 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 $6,400,000 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, Dec 16, 1992
Jackpot:$6,400,000
Federal Tax:37% marginal rate
State Tax: 3.9%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$114,113$19,985$4,450$89,677
2$118,677$21,081$4,628$92,968
3$123,424$22,220$4,814$96,391
4$128,361$23,405$5,006$99,950
5$133,496$24,637$5,206$103,652
6$138,835$25,919$5,415$107,502
7$144,389$27,251$5,631$111,506
8$150,164$28,637$5,856$115,671
9$156,171$30,079$6,091$120,001
10$162,418$31,578$6,334$124,505
11$168,915$33,137$6,588$129,189
12$175,671$34,759$6,851$134,061
13$182,698$36,446$7,125$139,127
14$190,006$38,199$7,410$144,396
15$197,606$40,023$7,707$149,876
16$205,510$42,219$8,015$155,276
17$213,731$44,850$8,336$160,545
18$222,280$47,586$8,669$166,026
19$231,171$50,431$9,016$171,725
20$240,418$53,390$9,376$177,652
21$250,035$56,467$9,751$183,816
22$260,036$59,782$10,141$190,113
23$270,438$63,422$10,547$196,468
24$281,255$67,209$10,969$203,078
25$292,505$71,146$11,408$209,952
26$304,206$75,241$11,864$217,100
27$316,374$79,500$12,339$224,535
28$329,029$83,929$12,832$232,267
29$342,190$88,536$13,345$240,309
30$355,878$93,326$13,879$248,672
Total$6,400,000$1,414,390$249,599$4,736,006

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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.