USA Mega

Arkansas Powerball Jackpot Annuity Payout Schedule for Jan 18, 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 $21,300,000 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:Wed, Jan 18, 1995
Jackpot:$21,300,000
Federal Tax:37% marginal rate
State Tax: 3.9%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$379,781$101,693$14,811$263,277
2$394,972$107,010$15,404$272,559
3$410,771$112,539$16,020$282,212
4$427,202$118,290$16,661$292,251
5$444,290$124,271$17,327$302,692
6$462,062$130,491$18,020$313,551
7$480,544$136,960$18,741$324,843
8$499,766$143,687$19,491$336,588
9$519,757$150,684$20,271$348,802
10$540,547$157,961$21,081$361,505
11$562,169$165,528$21,925$374,716
12$584,656$173,399$22,802$388,455
13$608,042$181,584$23,714$402,744
14$632,363$190,096$24,662$417,605
15$657,658$199,291$25,649$432,719
16$683,964$209,024$26,675$448,266
17$711,323$219,147$27,742$464,435
18$739,776$229,674$28,851$481,250
19$769,367$240,623$30,005$498,739
20$800,142$252,010$31,206$516,926
21$832,147$263,852$32,454$535,842
22$865,433$276,167$33,752$555,514
23$900,050$288,976$35,102$575,973
24$936,052$302,297$36,506$597,250
25$973,495$316,150$37,966$619,378
26$1,012,434$330,558$39,485$642,391
27$1,052,932$345,542$41,064$666,325
28$1,095,049$361,125$42,707$691,217
29$1,138,851$377,332$44,415$717,104
30$1,184,405$394,187$46,192$744,026
Total$21,300,000$6,600,148$830,701$13,869,155

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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.