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

YearGross PaymentFederal TaxesState TaxesNet Payment
1$94,500$15,502$3,685$75,312
2$98,280$16,333$3,833$78,113
3$102,211$17,198$3,986$81,026
4$106,299$18,110$4,146$84,044
5$110,551$19,130$4,311$87,109
6$114,973$20,192$4,484$90,298
7$119,572$21,295$4,663$93,613
8$124,355$22,443$4,850$97,062
9$129,329$23,637$5,044$100,648
10$134,502$24,879$5,246$104,378
11$139,882$26,170$5,455$108,257
12$145,478$27,513$5,674$112,291
13$151,297$28,909$5,901$116,487
14$157,349$30,362$6,137$120,850
15$163,643$31,872$6,382$125,388
16$170,188$33,443$6,637$130,108
17$176,996$35,077$6,903$135,016
18$184,076$36,776$7,179$140,121
19$191,439$38,543$7,466$145,429
20$199,096$40,381$7,765$150,950
21$207,060$42,715$8,075$156,270
22$215,343$45,366$8,398$161,579
23$223,956$48,122$8,734$167,100
24$232,914$50,989$9,084$172,842
25$242,231$53,970$9,447$178,814
26$251,920$57,070$9,825$185,025
27$261,997$60,468$10,218$191,311
28$272,477$64,136$10,627$197,714
29$283,376$67,951$11,052$204,374
30$294,711$71,918$11,494$211,299
Total$5,300,000$1,090,470$206,701$4,002,828

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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.