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Arkansas Powerball Jackpot Annuity Payout Schedule for Jun 22, 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 $313,700,000 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, Jun 22, 2022
Jackpot:$313,700,000
Federal Tax:37% marginal rate
State Tax: 3.9%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$4,721,635$1,702,962$184,144$2,834,529
2$4,957,717$1,790,313$193,351$2,974,053
3$5,205,603$1,882,030$203,019$3,120,554
4$5,465,883$1,978,334$213,169$3,274,380
5$5,739,177$2,079,453$223,828$3,435,896
6$6,026,136$2,185,628$235,019$3,605,489
7$6,327,443$2,297,111$246,770$3,783,561
8$6,643,815$2,414,169$259,109$3,970,537
9$6,976,006$2,537,079$272,064$4,166,862
10$7,324,806$2,666,135$285,667$4,373,003
11$7,691,046$2,801,644$299,951$4,589,451
12$8,075,599$2,943,929$314,948$4,816,721
13$8,479,378$3,093,327$330,696$5,055,355
14$8,903,347$3,250,196$347,231$5,305,921
15$9,348,515$3,414,908$364,592$5,569,015
16$9,815,941$3,587,855$382,822$5,845,264
17$10,306,737$3,769,450$401,963$6,135,325
18$10,822,074$3,960,125$422,061$6,439,889
19$11,363,178$4,160,333$443,164$6,759,681
20$11,931,337$4,370,552$465,322$7,095,463
21$12,527,904$4,591,282$488,588$7,448,034
22$13,154,299$4,823,048$513,018$7,818,233
23$13,812,014$5,066,402$538,669$8,206,943
24$14,502,615$5,321,925$565,602$8,615,088
25$15,227,745$5,590,223$593,882$9,043,640
26$15,989,133$5,871,936$623,576$9,493,620
27$16,788,589$6,167,735$654,755$9,966,099
28$17,628,019$6,478,324$687,493$10,462,202
29$18,509,420$6,804,443$721,867$10,983,110
30$19,434,891$7,146,867$757,961$11,530,063
Total$313,700,001$114,747,718$12,234,301$186,717,981

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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.