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: 3.9%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$39,226$4,459$1,530$33,237
2$40,795$4,647$1,591$34,557
3$42,427$4,843$1,655$35,929
4$44,124$5,047$1,721$37,356
5$45,889$5,259$1,790$38,841
6$47,725$5,479$1,861$40,384
7$49,634$5,708$1,936$41,990
8$51,619$6,068$2,013$43,538
9$53,684$6,522$2,094$45,068
10$55,831$6,995$2,177$46,659
11$58,064$7,486$2,265$48,314
12$60,387$7,997$2,355$50,035
13$62,802$8,529$2,449$51,825
14$65,315$9,081$2,547$53,686
15$67,927$9,656$2,649$55,622
16$70,644$10,254$2,755$57,635
17$73,470$10,875$2,865$59,729
18$76,409$11,522$2,980$61,907
19$79,465$12,194$3,099$64,172
20$82,644$12,894$3,223$66,527
21$85,949$13,621$3,352$68,977
22$89,387$14,377$3,486$71,524
23$92,963$15,164$3,626$74,174
24$96,681$15,982$3,771$76,929
25$100,549$16,833$3,921$79,795
26$104,571$17,718$4,078$82,775
27$108,754$18,699$4,241$85,813
28$113,104$19,743$4,411$88,950
29$117,628$20,829$4,587$92,212
30$122,333$21,958$4,771$95,604
Total$2,200,000$330,439$85,799$1,783,764

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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.