USA Mega

Arkansas Powerball Jackpot Annuity Payout Schedule for Apr 2, 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 $223,000,000 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, Apr 2, 2022
Jackpot:$223,000,000
Federal Tax:37% marginal rate
State Tax: 3.9%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$3,356,470$1,197,851$130,902$2,027,717
2$3,524,294$1,259,946$137,447$2,126,900
3$3,700,508$1,325,145$144,320$2,231,043
4$3,885,534$1,393,605$151,536$2,340,393
5$4,079,810$1,465,487$159,113$2,455,211
6$4,283,801$1,540,964$167,068$2,575,769
7$4,497,991$1,620,214$175,422$2,702,355
8$4,722,890$1,703,427$184,193$2,835,271
9$4,959,035$1,790,800$193,402$2,974,832
10$5,206,987$1,882,542$203,072$3,121,372
11$5,467,336$1,978,872$213,226$3,275,238
12$5,740,703$2,080,017$223,887$3,436,798
13$6,027,738$2,186,220$235,082$3,606,436
14$6,329,125$2,297,733$246,836$3,784,556
15$6,645,581$2,414,822$259,178$3,971,581
16$6,977,860$2,537,766$272,137$4,167,958
17$7,326,753$2,666,856$285,743$4,374,154
18$7,693,091$2,802,401$300,031$4,590,659
19$8,077,745$2,944,723$315,032$4,817,990
20$8,481,633$3,094,161$330,784$5,056,688
21$8,905,714$3,251,071$347,323$5,307,320
22$9,351,000$3,415,827$364,689$5,570,484
23$9,818,550$3,588,821$382,923$5,846,806
24$10,309,477$3,770,464$402,070$6,136,944
25$10,824,951$3,961,189$422,173$6,441,589
26$11,366,199$4,161,451$443,282$6,761,466
27$11,934,509$4,371,726$465,446$7,097,337
28$12,531,234$4,592,514$488,718$7,450,002
29$13,157,796$4,824,342$513,154$7,820,300
30$13,815,686$5,067,761$538,812$8,209,113
Total$223,000,000$81,188,718$8,697,001$133,114,282

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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.