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Arkansas Powerball Jackpot Annuity Payout Schedule for Apr 20, 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 $372,800,000 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, Apr 20, 2022
Jackpot:$372,800,000
Federal Tax:37% marginal rate
State Tax: 3.9%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$5,611,175$2,032,092$218,836$3,360,247
2$5,891,734$2,135,899$229,778$3,526,057
3$6,186,320$2,244,896$241,266$3,700,158
4$6,495,637$2,359,343$253,330$3,882,964
5$6,820,418$2,479,512$265,996$4,074,910
6$7,161,439$2,605,690$279,296$4,276,453
7$7,519,511$2,738,176$293,261$4,488,074
8$7,895,487$2,877,287$307,924$4,710,275
9$8,290,261$3,023,354$323,320$4,943,587
10$8,704,774$3,176,724$339,486$5,188,564
11$9,140,013$3,337,762$356,461$5,445,790
12$9,597,014$3,506,852$374,284$5,715,878
13$10,076,864$3,684,397$392,998$5,999,469
14$10,580,707$3,870,819$412,648$6,297,241
15$11,109,743$4,066,562$433,280$6,609,901
16$11,665,230$4,272,092$454,944$6,938,194
17$12,248,491$4,487,899$477,691$7,282,901
18$12,860,916$4,714,496$501,576$7,644,844
19$13,503,962$4,952,423$526,655$8,024,884
20$14,179,160$5,202,246$552,987$8,423,926
21$14,888,118$5,464,561$580,637$8,842,920
22$15,632,524$5,739,991$609,668$9,282,864
23$16,414,150$6,029,193$640,152$9,744,805
24$17,234,857$6,332,854$672,159$10,229,843
25$18,096,600$6,651,699$705,767$10,739,133
26$19,001,430$6,986,486$741,056$11,273,888
27$19,951,502$7,338,013$778,109$11,835,380
28$20,949,077$7,707,116$817,014$12,424,947
29$21,996,531$8,094,674$857,865$13,043,992
30$23,096,357$8,501,609$900,758$13,693,990
Total$372,800,001$136,614,717$14,539,202$221,646,079

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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.