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Arkansas Powerball Jackpot Annuity Payout Schedule for Jun 25, 2022

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The tax information provided here is based on 2022 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 $333,700,000 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 prize money, as well as deductions claimed.

State:

Arkansas

Drawing Date:Sat, Jun 25, 2022
Jackpot:$333,700,000
Federal Tax:37% marginal rate
State Tax: 5.5%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$5,022,664$1,821,341$276,247$2,925,077
2$5,273,797$1,914,260$290,059$3,069,478
3$5,537,487$2,011,825$304,562$3,221,100
4$5,814,361$2,114,269$319,790$3,380,303
5$6,105,079$2,221,834$335,779$3,547,466
6$6,410,333$2,334,778$352,568$3,722,987
7$6,730,850$2,453,370$370,197$3,907,284
8$7,067,393$2,577,890$388,707$4,100,796
9$7,420,762$2,708,637$408,142$4,303,983
10$7,791,800$2,845,921$428,549$4,517,330
11$8,181,390$2,990,069$449,976$4,741,344
12$8,590,460$3,141,425$472,475$4,976,559
13$9,019,983$3,300,349$496,099$5,223,535
14$9,470,982$3,467,218$520,904$5,482,860
15$9,944,531$3,642,431$546,949$5,755,150
16$10,441,758$3,826,405$574,297$6,041,056
17$10,963,845$4,019,578$603,011$6,341,256
18$11,512,038$4,222,409$633,162$6,656,467
19$12,087,639$4,435,382$664,820$6,987,438
20$12,692,022$4,659,003$698,061$7,334,957
21$13,326,623$4,893,805$732,964$7,699,853
22$13,992,954$5,140,348$769,612$8,082,993
23$14,692,601$5,399,218$808,093$8,485,291
24$15,427,231$5,671,031$848,498$8,907,703
25$16,198,593$5,956,434$890,923$9,351,236
26$17,008,523$6,256,108$935,469$9,816,946
27$17,858,949$6,570,766$982,242$10,305,941
28$18,751,896$6,901,157$1,031,354$10,819,385
29$19,689,491$7,248,067$1,082,922$11,358,502
30$20,673,966$7,612,322$1,137,068$11,924,575
Total$333,700,001$122,357,650$18,353,499$192,988,851

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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.