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Arkansas Powerball Jackpot Annuity Payout Schedule for Feb 19, 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 $31,300,000 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, Feb 19, 2022
Jackpot:$31,300,000
Federal Tax:37% marginal rate
State Tax: 3.7%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$471,110$133,658$17,431$320,021
2$494,665$141,902$18,303$334,461
3$519,399$150,559$19,218$349,622
4$545,369$159,648$20,179$365,542
5$572,637$169,192$21,188$382,257
6$601,269$179,213$22,247$399,809
7$631,332$189,736$23,359$418,237
8$662,899$201,230$24,527$437,142
9$696,044$213,494$25,754$456,797
10$730,846$226,370$27,041$477,434
11$767,388$239,891$28,393$499,104
12$805,758$254,088$29,813$521,857
13$846,046$268,994$31,304$545,748
14$888,348$284,646$32,869$570,833
15$932,765$301,080$34,512$597,173
16$979,404$318,337$36,238$624,829
17$1,028,374$336,456$38,050$653,868
18$1,079,793$355,480$39,952$684,360
19$1,133,782$375,457$41,950$716,376
20$1,190,471$396,432$44,047$749,992
21$1,249,995$418,455$46,250$785,290
22$1,312,495$441,580$48,562$822,352
23$1,378,119$465,861$50,990$861,268
24$1,447,025$491,357$53,540$902,129
25$1,519,377$518,127$56,217$945,033
26$1,595,345$546,235$59,028$990,083
27$1,675,113$575,749$61,979$1,037,385
28$1,758,868$606,739$65,078$1,087,052
29$1,846,812$639,278$68,332$1,139,202
30$1,939,152$673,444$71,749$1,193,960
Total$31,300,000$10,272,688$1,158,100$19,869,216

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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.