USA Mega

Arkansas Powerball Jackpot Annuity Payout Schedule for Nov 19, 1994

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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 $46,500,000 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:Sat, Nov 19, 1994
Jackpot:$46,500,000
Federal Tax:37% marginal rate
State Tax: 3.9%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$829,100$262,724$32,335$534,041
2$862,264$274,995$33,628$553,641
3$896,754$287,756$34,973$574,024
4$932,624$301,028$36,372$595,224
5$969,929$314,831$37,827$617,271
6$1,008,726$329,186$39,340$640,200
7$1,049,076$344,115$40,914$664,046
8$1,091,039$359,642$42,551$688,847
9$1,134,680$375,789$44,253$714,639
10$1,180,067$392,582$46,023$741,463
11$1,227,270$410,047$47,864$769,359
12$1,276,361$428,211$49,778$798,372
13$1,327,415$447,101$51,769$828,545
14$1,380,512$466,747$53,840$859,925
15$1,435,732$487,178$55,994$892,561
16$1,493,162$508,427$58,233$926,501
17$1,552,888$530,526$60,563$961,800
18$1,615,004$553,509$62,985$998,510
19$1,679,604$577,411$65,505$1,036,689
20$1,746,788$602,269$68,125$1,076,394
21$1,816,659$628,121$70,850$1,117,688
22$1,889,326$655,008$73,684$1,160,634
23$1,964,899$682,970$76,631$1,205,298
24$2,043,495$712,050$79,696$1,251,748
25$2,125,234$742,294$82,884$1,300,056
26$2,210,244$773,747$86,200$1,350,297
27$2,298,654$806,459$89,647$1,402,547
28$2,390,600$840,479$93,233$1,456,887
29$2,486,224$875,860$96,963$1,513,401
30$2,585,673$912,656$100,841$1,572,175
Total$46,500,000$15,883,718$1,813,501$28,802,783

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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.