USA Mega

Arkansas Powerball Jackpot Annuity Payout Schedule for Feb 21, 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 $37,600,000 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:Mon, Feb 21, 2022
Jackpot:$37,600,000
Federal Tax:37% marginal rate
State Tax: 3.9%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$565,934$166,846$22,071$377,016
2$594,231$176,750$23,175$394,306
3$623,942$187,149$24,334$412,459
4$655,139$198,359$25,550$431,230
5$687,896$210,479$26,828$450,589
6$722,291$223,205$28,169$470,917
7$758,406$236,567$29,578$492,260
8$796,326$250,598$31,057$514,671
9$836,142$265,330$32,610$538,203
10$877,949$280,798$34,240$562,911
11$921,847$297,041$35,952$588,854
12$967,939$314,095$37,750$616,095
13$1,016,336$332,002$39,637$644,697
14$1,067,153$350,804$41,619$674,730
15$1,120,511$370,546$43,700$706,264
16$1,176,536$391,276$45,885$739,376
17$1,235,363$413,042$48,179$774,142
18$1,297,131$435,896$50,588$810,647
19$1,361,988$459,893$53,118$848,977
20$1,430,087$485,089$55,773$889,224
21$1,501,591$511,546$58,562$931,483
22$1,576,671$539,325$61,490$975,855
23$1,655,504$568,494$64,565$1,022,446
24$1,738,280$599,121$67,793$1,071,366
25$1,825,194$631,279$71,183$1,122,732
26$1,916,453$665,045$74,742$1,176,667
27$2,012,276$700,499$78,479$1,233,298
28$2,112,890$737,726$82,403$1,292,761
29$2,218,534$776,815$86,523$1,355,196
30$2,329,461$817,858$90,849$1,420,754
Total$37,600,000$12,593,473$1,466,402$23,540,126

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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.