USA Mega

Arkansas Powerball Jackpot Annuity Payout Schedule for Sep 17, 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 $5,300,000 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, Sep 17, 1994
Jackpot:$5,300,000
Federal Tax:37% marginal rate
State Tax: 3.7%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$94,500$15,502$3,496$75,501
2$98,280$16,333$3,636$78,310
3$102,211$17,198$3,782$81,231
4$106,299$18,110$3,933$84,256
5$110,551$19,130$4,090$87,330
6$114,973$20,192$4,254$90,528
7$119,572$21,295$4,424$93,853
8$124,355$22,443$4,601$97,311
9$129,329$23,637$4,785$100,907
10$134,502$24,879$4,977$104,647
11$139,882$26,170$5,176$108,537
12$145,478$27,513$5,383$112,582
13$151,297$28,909$5,598$116,790
14$157,349$30,362$5,822$121,165
15$163,643$31,872$6,055$125,716
16$170,188$33,443$6,297$130,448
17$176,996$35,077$6,549$135,370
18$184,076$36,776$6,811$140,489
19$191,439$38,543$7,083$145,812
20$199,096$40,381$7,367$151,349
21$207,060$42,715$7,661$156,684
22$215,343$45,366$7,968$162,009
23$223,956$48,122$8,286$167,548
24$232,914$50,989$8,618$173,308
25$242,231$53,970$8,963$179,299
26$251,920$57,070$9,321$185,529
27$261,997$60,468$9,694$191,835
28$272,477$64,136$10,082$198,259
29$283,376$67,951$10,485$204,940
30$294,711$71,918$10,904$211,889
Total$5,300,000$1,090,470$196,101$4,013,432

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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.