USA Mega

Arkansas Powerball Jackpot Annuity Payout Schedule for Jan 11, 1995

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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 $12,900,000 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:Wed, Jan 11, 1995
Jackpot:$12,900,000
Federal Tax:37% marginal rate
State Tax: 3.9%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$230,008$50,059$8,970$170,979
2$239,209$53,003$9,329$176,877
3$248,777$56,065$9,702$183,010
4$258,728$59,324$10,090$189,314
5$269,077$62,946$10,494$195,637
6$279,840$66,713$10,914$202,213
7$291,034$70,631$11,350$209,052
8$302,675$74,706$11,804$216,165
9$314,782$78,943$12,277$223,563
10$327,374$83,350$12,768$231,256
11$340,468$87,933$13,278$239,257
12$354,087$92,700$13,809$247,578
13$368,251$97,657$14,362$256,232
14$382,981$102,812$14,936$265,232
15$398,300$108,174$15,534$274,592
16$414,232$113,750$16,155$284,326
17$430,801$119,550$16,801$294,450
18$448,033$125,581$17,473$304,979
19$465,955$131,853$18,172$315,929
20$484,593$138,377$18,899$327,317
21$503,976$145,161$19,655$339,160
22$524,136$152,217$20,441$351,478
23$545,101$159,555$21,259$364,287
24$566,905$167,186$22,109$377,610
25$589,581$175,123$22,994$391,465
26$613,164$183,377$23,913$405,874
27$637,691$191,961$24,870$420,860
28$663,199$201,341$25,865$435,993
29$689,727$211,156$26,899$451,671
30$717,316$221,364$27,975$467,976
Total$12,900,000$3,582,568$503,097$8,814,332

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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.