USA Mega

Arkansas Powerball Jackpot Annuity Payout Schedule for Mar 5, 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 $2,200,000 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 5, 1994
Jackpot:$2,200,000
Federal Tax:37% marginal rate
State Tax: 3.7%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$39,226$4,459$1,451$33,316
2$40,795$4,647$1,509$34,638
3$42,427$4,843$1,570$36,014
4$44,124$5,047$1,633$37,445
5$45,889$5,259$1,698$38,933
6$47,725$5,479$1,766$40,480
7$49,634$5,708$1,836$42,089
8$51,619$6,068$1,910$43,641
9$53,684$6,522$1,986$45,175
10$55,831$6,995$2,066$46,771
11$58,064$7,486$2,148$48,430
12$60,387$7,997$2,234$50,156
13$62,802$8,529$2,324$51,950
14$65,315$9,081$2,417$53,817
15$67,927$9,656$2,513$55,758
16$70,644$10,254$2,614$57,777
17$73,470$10,875$2,718$59,876
18$76,409$11,522$2,827$62,060
19$79,465$12,194$2,940$64,331
20$82,644$12,894$3,058$66,692
21$85,949$13,621$3,180$69,148
22$89,387$14,377$3,307$71,703
23$92,963$15,164$3,440$74,359
24$96,681$15,982$3,577$77,122
25$100,549$16,833$3,720$79,996
26$104,571$17,718$3,869$82,984
27$108,754$18,699$4,024$86,031
28$113,104$19,743$4,185$89,176
29$117,628$20,829$4,352$92,447
30$122,333$21,958$4,526$95,849
Total$2,200,000$330,439$81,398$1,788,164

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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.