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Arkansas Powerball Jackpot Annuity Payout Schedule for Jan 29, 2022

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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 $106,500,000 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, Jan 29, 2022
Jackpot:$106,500,000
Federal Tax:37% marginal rate
State Tax: 3.9%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$1,602,978$549,059$62,516$991,403
2$1,683,127$578,714$65,642$1,038,771
3$1,767,283$609,852$68,924$1,088,507
4$1,855,647$642,547$72,370$1,140,730
5$1,948,430$676,876$75,989$1,195,565
6$2,045,851$712,922$79,788$1,253,141
7$2,148,144$750,770$83,778$1,313,596
8$2,255,551$790,511$87,966$1,377,073
9$2,368,328$832,239$92,365$1,443,725
10$2,486,745$876,053$96,983$1,513,709
11$2,611,082$922,058$101,832$1,587,192
12$2,741,636$970,363$106,924$1,664,350
13$2,878,718$1,021,083$112,270$1,745,365
14$3,022,654$1,074,339$117,883$1,830,431
15$3,173,786$1,130,258$123,778$1,919,751
16$3,332,476$1,188,973$129,967$2,013,536
17$3,499,100$1,250,624$136,465$2,112,011
18$3,674,055$1,315,357$143,288$2,215,409
19$3,857,757$1,383,327$150,453$2,323,977
20$4,050,645$1,454,696$157,975$2,437,974
21$4,253,177$1,529,633$165,874$2,557,671
22$4,465,836$1,608,317$174,168$2,683,352
23$4,689,128$1,690,935$182,876$2,815,317
24$4,923,584$1,777,684$192,020$2,953,881
25$5,169,764$1,868,770$201,621$3,099,373
26$5,428,252$1,964,410$211,702$3,252,140
27$5,699,665$2,064,833$222,287$3,412,544
28$5,984,648$2,170,277$233,401$3,580,970
29$6,283,880$2,280,993$245,071$3,757,816
30$6,598,074$2,397,245$257,325$3,943,505
Total$106,500,000$38,083,718$4,153,501$64,262,785

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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.